Hopeless Village maintains a single employer pension trust for its firefighters. The information below pertains to the firefighters pension trust at December 31, 2021, after all adjusting journal entries were posted:

• Cash and cash equivalents 11,000
• Interest receivable 200
• Investments at fair value 146,000
• Accrued administrative costs 400
• Net position restricted for pensions 135,800

• Employee contributions $ 40,000
• Employer contributions 80,000
• Investment income-interest and dividends 4,000
• Investment income-net increase in fair value of investments 14,000
• investment expense 1,100
• Administration costs 8,000

• Annuity benefits 90,000
• Disability benefits 11,400
• Refunds to terminated employees 6,500

Additional information:

• Pension liability at December 31, 2020 172,800
• Pension liability at December 31, 2021 209,800

Required:

1. Prepare, in good form, the statement of changes in fiduciary net position for 2021.
2. Compute the Villages funded percentage for its firefighters pensions at December 31, 2021.

Part A:

Part B:

Description of each amount Amounts/%

A:	$
B:	$
B A:	%

Round the funded percentage to 2 decimal places