Question: (c) Prepare a statement of changes in net assets for the Fairchild Centre for the year ended December 31, Year 5. (Leave no cell blank,

(c) Prepare a statement of changes in net assets for the Fairchild Centre for the year ended December 31, Year 5. (Leave no cell blank, be sure to enter "0" wherever required. Omit $ sign in your response.)\ \ \ \ FAIRCHILD CENTRE\ Statement of Changes in Net Assets\ Year ended December 31, Year 5\ Net assets Restricted for Land purchase Unrestricted Net Assets Total\ Balance, beginning of year $ \ 0\ $ \ 0\ $ \ 0\ Contributions for purchase of land \ \ \ Pledge for purchase of land \ \ \ Excess of revenues over expenses \ 15250\ \ 111360\ \ 127410\ Balance, end of year $ \ $ \ $

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