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I know that $5,600 represents the dollar amount representing the ending balance of the account called Supplies. What does the $32,200 amount represent in relation to the Supplies account or any other account that is mentioned in the above word problem? Can you all very clear in your response or responses to my question(s), please?

(3.) Required information The following information applies to the questions displayed below! INVOLVE was incorporated as a not-for-profit voluntary health and welfare organization on January 1, 2020. During the fiscal year ended December 31, 2020, the following transactions occurred. 1. A business donated rent-free office space to the organization that would normally rent for $37,000 a year. 2. A fund drive raised $195,000 in cash and $120,000 in pledges that will be paid within one year. A state government grant of $170.000 was received for program operating costs related to public health education. 3. Salaries and fringe benefits paid during the year amounted to $210,560. At year-end, an additional S18,000 of salaries and fringe benefits were accrued. 4. A donor pledged $120,000 for construction of a new building, payable over five fiscal years, commencing in 2022. The discounted value of the pledge is expected to be $96,260. 5. Office equipment was purchased for $14,000. The useful life of the equipment is estimated to be five years. Office furniture with a fair value of $11,600 was donated by a local office supply company. The furniture has an estimated useful life of 10 years. Furniture and equipment are considered net assets without donor restrictions by INVOLVE 6. Telephone expense for the year was $7,200, printing and postage expense was $14,000 for the year, utilities for the year were $10,300 and supplies expense was $6.300 for the year. At year-end, an immaterial amount of supplies remained on hand and the balance in accounts payable was $5.600. 7. Volunteers contributed $17,000 of time to help with answering the phones, mailing materials, and various other clerical activities 8. It is estimated that 90 percent of the pledges made for the 2021 year will be collected. Depreciation expense is recorded for the full year on the assets recorded in item 5. 9. All expenses were allocated to program services and support services in the following percentages: public health education, 35 percent community service. 30 percent management and general. 20 percent, and fund-raising. 15 percent. 10. Net assets were released to reflect satisfaction of state grant requirements that the grant resources be used for public health education program purposes. 11. All nominal accounts were closed to the appropriate net asset accounts. (F.) Telephone expense for the year was-$7,200, printing and postage-expense was $14.000 for the year, utilities for the year were $10,300-and-supplies expense was $6,300 for the year. --At- year-end, an immaterial amount of supplies remained on hand and the balance in accounts payable was $5,600. (Completed) Adjusting Journal Entries Daten Account-Titles-&-Explanations Debita Credito 20?? Telephone-expense (E+)# $7,2000 Printing and postage-expense. (E+) $14,000 Utilities-expense:(E+)# $10,300 Supplies.expense:(E+)# $6,300 Cash.A. $32,2008 Accounts payable-(L+) $5,6000 g 10 gggg g g Recorded 1 = $7.200+$14,000+$10.300+56,3001 = $37,8009 $37,800 is the expenses (Total expense). At year-end, an immaterial amount of supplies remained on hand was $5,600.5 1 =-$37,800-$5,600 =-$32.2001