A private not$-$for$-$profit entity recelves three large cash donations:

One gift of $$88,000$ is restricted by the donor so that it cannot be spent for four years.

One giff of $$108,000$ is restricted to pay the salaries of the entity's workers.

One gift of $$138,000$ must be held forever with the income to be used to provide food for needy families. In the current year, income of $$28,000$ was earned but not spent.

What is the increase in the current year in net assets with donor restrictions?

Multiple Choice