A private, not-for-profit hospital received the following restricted contributions and other receipts during the year ended September 30, 20X5: For research $ 250,000 For equipment acquisitions $ 400,000 Income from endowment to be used for new addition to hospital plant $ 875,000 None of the contributions or other receipts was expended during the year ended September 30, 20X5. For the year ended September 30, 20X5, what amount would be reported on the hospital's statement of changes in net assets as an increase in net assets with donor restrictions?

Answer rating: 100% (QA)

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