0. Instruction provided $450,000 in services related to the restricted grant recorded in transaction 2 11. At year-end, the allowance for uncollectible tuition and fees was increased by $7,200. The fair value of investments had increased $11,540; of this amount, $3,040 was associated with endowment investments and allocated to net assets with donor restrictions, with the remainder allocated to net assets without donor restrictions. Depreciation on plant and equipment was allocated $34,750 to instruction, $41,000 to auxiliary enterprises, and $12,450 to academic support. 2. All nominal accounts were closed. Required a-1. Prepare journal entries to record the foregoing transactions for the fiscal year ended June 30, 2020 a-2. Prepare closing entries for the fiscal year ended June 30, 2020 b. Prepare a statement of activities for the year ended June 30, 2020. Assume beginning net asset amounts of $7,518,000 without donor restrictions, and $5,200,000 with donor restrictions