Presented below is the preclosing trial balance for the Retiree Health Benefit Plan of the Alger County School District.

Trial BalanceDecember 31, 2020		Debits			Credits
Accrued Interest Receivable	$	13,500
Cash		14,200
Accounts Payable				$	2,500
ContributionsEmployee					357,000
ContributionsEmployer					634,000
Deductions: Benefit Payments		573,000
Deductions: Administrative Expense		34,900
Increase in Fair Value of Investments					368,000
Investment IncomeDividends					75,400
Investment IncomeInterest Income					152,500
InvestmentsCorporate Bonds		1,229,000
InvestmentsCorporate Stocks		2,279,000
InvestmentsU.S. Treasury Securities		661,000
Fiduciary Net Position Restrictedfor other postemployment benefits					3,435,400
ReceivablesEmployee		25,200
ReceivablesEmployer		195,000
	$	5,024,800		$	5,024,800

Required: Prepare (1) the year-end closing entries, (2) a Statement of Changes in Fiduciary Net Position, and (3) a Statement of Fiduciary Net Position for the year ended December 31, 2020.