Record the following events of Mental Health Clinic, a VHWO:
1. A contribution of $20,000 was received and is to be used for the purchase of equipment, but not until an addition to the building is constructed. Construction has begun on the building.
2. Equipment costing $17,000, with a book value of $8,000, was sold for $10,000. The gain is unrestricted.
3. Depreciation of $9,000 is recorded on various plant items.
4. Equipment was purchased for $18,000, with payment due in 30 days from donor-restricted resources. Mental Health Clinic elects to release the donor restriction upon acquisition of the equipment.
5. The liability for the equipment purchased in item (4) was paid.