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: Required: Q. Prepare closing entries for the year-end, using separate entries for each net asset classification b. Fiepare a Statement of Activities for the year ended December 31, 2020 c. Piepare statement of Financial Pos tion as of Decemiser 31,2020. Proparo closing entries for the vear-end, using separate entries for each net arset classification. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) minue teinn 1 Prepare a Statement of Financial Position as of December 31. 2020