A nonprofit organization has a budget of $200,000 for the year 2023. The organization expects to receive $50,000 in unrestricted donations and $100,000 in restricted donations during the year. The organization also expects to generate $10,000 in investment income and to incur $25,000 in expenses. The organization has a net asset balance of $300,000 at the beginning of the year.

a) What is the total revenue budgeted for the year?
b) What is the total net assets budgeted at the end of the year?
c) What is the total amount of expenses budgeted for the year?
d) What is the amount of net assets released from restriction that the organization can spend during the year?

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