The Ombudsman Foundation is a private not$-$for$-$profit organization providing training in dispute resolution and conflict management. The Foundation had the following preclosing trial balance at December $31,2020,$ the end of its fiscal year:

Trial Balance$$December $31,2020$ Debits Credits

Accounts payable $ $24,600$

Accounts receivable $($net$)$ $ $47,900$

Accrued interest receivable $16,700$

Accumulated depreciation $3,407,300$

Cash $114,900$

Contributed services $26,900$

Contributions$$no restrictions $2,492,000$

Contributions$$purpose restrictions $824,000$

Contributions$$endowment $2,622,000$

Current pledges receivable $79,100$

Education program expenses $1,590,200$

Fund$-$raising expenses $122,000$

Investment revenue$$purpose restrictions $90,600$

Training seminars expenses $4,706,800$

Land, buildings, and equipment $5,809,000$

Long$-$term investments $2,840,300$

Management and general expenses $399,600$

Net assets without donor restrictions $479,800$

Net assets with donor restrictions $2,038,000$

Net gains on endowments $-$ no restrictions $18,200$

Noncurrent pledges receivable $390,200$

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

Post$-$employment 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 $1,301,200$

Short$-$term investments $751,700$

Supplies inventory $32,800$

Totals $ $18,685,400$ $ $18,685,400$

Required:

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

b$.$ Prepare a Statement of Activities for the year ended December $31,2020.$

c$.$ Prepare a Statement of Financial Position as of December $31,2020.$