Question: During the year ended December 31, 2009, a not-forprofit performing arts entity received the following donorrestricted contribution and investment income: Cash contribution of $100,000 to

During the year ended December 31, 2009, a not-forprofit performing arts entity received the following donorrestricted contribution and investment income:

Cash contribution of $100,000 to be permanently invested.

Cash dividends and interest of $6,000 to be used for the acquisition of theater equipment.

As a result of these cash receipts, the statement of cash flows for the year ended December 31, 2009, would report an increase of

a. $106,000 from operating activities.

b. $106,000 from financing activities.

c. $6,000 from operating activities and an increase of

$100,000 from financing activities.

d. $100,000 from operating activities and an increase of $6,000 from financing activities.

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