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A nongovernmental, not-for-profit had the following selected account balances on December 31, 2020 prior to closing entries: Revenue-WODR----------------$1,700,000 Revenue-WDR------------------900,000 Deferred Revenues------------------60,000 Program Expenses------------------900,000 Administrative Expenses-------------500,000

A nongovernmental, not-for-profit had the following selected account balances on December 31, 2020 prior to closing entries:

Revenue-WODR----------------$1,700,000

Revenue-WDR------------------900,000

Deferred Revenues------------------60,000

Program Expenses------------------900,000

Administrative Expenses-------------500,000

Fund Raising Expenses--------------180,000

Net Assets Reclassified to WODR------225,000

Net Assets Reclassified to WDR-------225,000

Prepaid Program Expenses-----------100,000

Net Assets-WODR------------------800,000

Net Assets-WDR------------------2,500,000

Required:

What amount is Net Assets-WODR after the closing entries?

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