Presented below is the preclosing trial balance for the Scholarship Fund, a private-purpose trust fund of the Algonquin School District. Trial Balance-December 31, 2017 Accounts Payable Accrued Interest Receivable Administrative Expense Cash Increase in Fair Value of Investments Distributions-Scholarships Interest Income Investment in Bonds Net Position-Restricted for Scholarships Debits Credits $2,500 $ 1,010 5,990 52,000 4,500 71,900 1,256,100 62,000 1, 214,000 $1, 335,000 $1,335,000 Required Prepare the year-end closing entries and a Statement of Changes in Fiduciary Net Position for the year ended December 31, 2017