Problem 5: Pension trust financial statements Hopeless Village maintains a single employer pension trust for its firefighters. The information below pertains to the firefighters' pension trust at December 31, 2021 All amounts were taken from the adjusted trial balance (i.e. all adjusting entries have been made): Cash and cash equivalents Interest receivable Investments at fair value Accrued administrative costs Net position restricted for pensions (as of 12/31 20) Employee contributions Employer contributions Investment income-interest $ 11,000 200 146,000 400 135,800 44,000 96,000 3,500 Investment income-dividends 1,500 Investment income-realized gains from selling investments 5,000 Investment income-unrealized losses from holding investments (13,000) investment expenses 1,100 Administration expenses 8,000 Annuity benefits 90,000 Disability benefits 11,400 Refunds to terminated employees 6,500 Additional information: Pension liability at December 31, 2020 245,694 251,290 Required: Pension liability at December 31, 2021 A. Prepare, in good form, the statement of changes in fiduciary net position for 2021. B. Compute the Village's funded percentage for its firefighters' pensions at December 31, 2021.