The Ombudsman Foundation is a private nonprofit organization providing dispute resolution and conflict management training. The Foundation had the following preclosing trial balance at December $31,2024,$ the end of its fiscal year:

Account: Debits Credits

Accounts payable $$24,200$

Accounts receivable $($net$)$ $$47,500$

Accrued interest receivable $16,700$

Accumulated depreciation $3,344,400$

Cash $112,800$

Contributed services $26,700$

Contributions$$no restrictions $2,446,000$

Contributions$$purpose restrictions $818,000$

Contributions$$endowment $2,631,000$

Current pledges receivable $77,600$

Education program expenses $1,578,200$

Fund$-$raising expenses $119,700$

Investment revenue$$purpose restrictions $88,900$

Training seminars expenses $4,670,500$

Land, buildings, and equipment $5,764,200$

Long$-$term investments $2,818,400$

Management and general expenses $398,600$

Net assets without donor restrictions $470,800$

Net assets with donor restrictions $2,037,000$

Net gains on endowments$$no restrictions $17,900$

Noncurrent pledges receivable $390,200$

Program service revenue$$no restrictions $5,978,100$

Postemployment benefits payable $($long$-$term$)200,900$

Reclassification$$Satisfaction of program restrictions $267,400$

Reclassification$$Satisfaction of time restrictions $215,600$

Reclassification$$Satisfaction of program restrictions $267,400$

Reclassification$$Satisfaction of time restrictions $215,600$

Research program expenses $1,305,400$

Short$-$term investments $751,500$

Supplies inventory $32,600$

Totals $$18,566,900$ $$18,566,900$

Required:

Prepare closing entries for the year$-$end, using separate entries for each net asset classification.

Prepare a Statement of Activities for the year ended December $31,2024.$