You are given the completed transaction worksheet. From the worksheet below,

A. Prepare the 20X4 Statement of Changes in Net Position (in the format below)

B. Prepare the 20X4 Statement of Net Position. (in the format below)

Pension Trust Fund FY 20X4 Transactions Balance Checkers Balances Balances of Year of Year ating Statement Balance Sheet Account Title Dr Dr Dr Dr 1 Cash 60,200 68,600 120,000 60,200 9,0003 4 78,000 5 1 Investments 1,271,800 1,397,000 1,397,000 65,000 1 Accrued Interest Receivable 1 Due to Resigned Employees 1 Net Position - - Restricted for Pension Benefits 2 Contributions - - Employer 2 Deductions -- Refunds to Resigned Employees 2 Deductions -- Administrative Costs 8,600 17,000 8,600 17,000 17,000 1,400,000 1,400,000 1,400,000 60,200 8.600 8,600 8,600 4 9,400 9,400 9,400 4 Vouchers Payable 2 Deductions -- Benefits 1 Annuities Payable 2 Additions Interest Income 79,000 79,000 79,000 60.,000 65,000 17,000 7 2 Additions -- Increase in Fair Value of Investments 17,000 17,000 202,2001505 000 1,506,900 1,401,700 105,200 1,506,900 1,400,400 1,603,9001500en 1,400,400 368,400 368,400 1,603,900 97,000 105,200 202,200 Change in Fund Balance 202,200 1,506,900 POLICE AND FIRE PENSION TRUST FUND Statement of Changes in Net Position For the Year Ended December 31, 20X4 POLICE AND FIRE PENSION TRUST FUND Statement of Net Position December 31,20X4 Additions Assets: Cash Accrued interest receivable Investments Investment income Interest Net increase in investment fair value Total assets Total additions Deductions: Liabilities Retirement benefits Refunds of contributions Administrative costs Total deductions Vouchers payable es payable Total liabilities Net Position Held in Trust for Pension Benefits Change in net position held in trust for pension benefits Net Position Restricted for Pension Benefits, January 1, 20X4 Net Position Restricted for Pension Benefits, December 31, 20X4