#2: please answer all parts (fill in all boxes). please read the questionumbers carefully! similar questions may already be posted to Chegg but they have slightly different numbers. i will give upvote/thumbs up for correct answer! thank you for your help!

*if you give me an email and ask for money I will report you*

For purposes of external reporting, not-for-profits-unlike governments in their governmental funds-do not distinguish between plant and other types of resources. In 20X0, the Northwest Ballet Association (NBA), a not-for-profit performing arts organization, undertook a major capital campaign to fund a new theater, expected to cost $10 million. It was quickly able to raise $6 million, all of which was donor restricted. It borrowed the balance, issuing a 5-year, 8-percent term note for $4 million. During the year, the NBA broke ground on the project and incurred construction costs of $3.4 million. It earned $0.52 million in interest on investments. It incurred and paid $0.32 million in interest on the note. In addition, as required by the note, it placed $0.7 million in a reserve fund (a specially dedicated bank account) for the repayment of the debt. To show how these transactions would be reflected on the NBA's financial statements, prepare a December 31, 20X0, statement of activities. Assume that these were the only transactions in which the organization engaged and that all available cash, except that in the reserve fund, had been invested in short-term marketable securities. (Do not leave any answer field blank. Enter 0 for amounts. Enter negative amounts using either a negative sign preceding the number es. -45 or parentheses e.g. (45). Enter amounts in millions rounded to 2 decimal places, e.g. 15.25.) To show how these transactions would be reflected on the NBA's financial statements, prepare a December 31, 20X0, statement of financial position. Assume that these were the only transactions in which the organization engaged and that all available cash, except that in the reserve fund, had been invested in short-term marketable securities. (Enter amounts in millions rounded to 2 decimal places, e.g. 15.25.) Northwest Ballet Association Statement of Financial Position (in millions) Assets $ $ Liabilities and Fund Balance $ $ Identify whether the contributions from donors and the proceeds from the bonds should be reported as restricted by donors or not. The contributions from donors should be reported as The proceeds from the bonds should be reported as Identify whether the $0.7 million in the reserve fund should be reported as restricted by donors or not. The $0.7 million in the reserve fund should be reported as Attempts: 0 of 1