I need help figuring out the ones in red, im having a hard time.

No Spacing Heading 1 Norma The Art League is a not-for-profit organization dedicated to promoting the arts within the community. There are two programs conducted by the Art League: (1) exhibition and sales of members' art (referred to as Exhibition) and (2) Community Art Education. Activities of the Art League are conducted by a part-time administrator, a part-time secretary-bookkeeper, and several part-time volunteers. The volunteers greet visitors, monitor the security of the exhibit hall, and handle the sales of art to the public. Art on exhibit is considered the property of the member artists, not the Art League The post-closing trial balance for the Art League as of June 30, 2019, is shown here. ART LEAGUE Post-closing Trial Balance June 30, 2019 Debits Credits s 2,945 Cash 12,311 4,800 1,090 9,445 Short-term Investments Grants Receivable Prepaid Expense Equipment Allowance for Depreciation-Equipment Long-Term Investments-With Donor Restrictions Accounts Payable and Accrued Expenses Deferred Revenue Net Assets Without Donor Restrictions 5,787 2446 2,669 3,000 9,031 13,445 Net Assets With Donor Restrictions-Programs Net Assets With Donor Restrictions-Permanent Endowment Totals 5,787 $ 36,378 $ 36,378 36.378 5 36378 Following is information summarizing the transactions of the Art League for the year ended June 30, 2020 1. During the year, unrestricted cash was received from the following sources: grants, $11,800, of which $4,700 had been reported as receivable on June 30, 2019, annual contributions from fund drives and other unrestricted gifts, $13,881; membership dues, $16,385; tuition and fees for educational workshops, $6,994; and sales of members' art, $12,030, of which 20 percent represents commissions earned by the Art League. 2. Interest earnings were as follows: interest on investments without donor restrictions totaled $688; interest on investments restricted for programs totaled 3. Grants receivable of $5,060 were recorded at year-end on a grant to complete and deliver a survey of art programs conducted in its county (the grant was determined to be an exchange transaction). Of the $5,060 the Art League had invoiced, $3,140 related to work done this year with the remaining $1,920 to be completed the first part of the new year and thus was reported as deferred revenue at year end. 4. The Art League receives free rent from the city at an estimated value of $18,200 a year. 5. Expenses incurred during the year were as follows: salaries and fringe benefits, $47,100; utilities $3,100; printing and postage, $1,330; and miscellaneous, $660. As of year-end, the balances of the following accounts were Prepaid Expenses, $860, and Accounts Payable and Accrued Expenses, $2,776. 6. During the year, $3,000 of short-term investments were sold, with the proceeds used to purchase two computers and a printer at a cost of $2,855. The resources used were restricted for the purchase of equipment. 7. In accordance with the terms of the Art League endowment, income earned by the endowment for the provision of free art instruction for children with disabilities was provided at a cost of $845. This amount was allocated to community art education. 8. Depreciation on equipment in the amount of $1,662 was recorded 9. Expenses for the year were allocated 30 percent to Exhibition Program, 30 percent to Community Art Education, 25 percent to Management and General Expenses, and 15 percent to Fund-Raising. 10. Proceeds of art sales, net of commissions charged by the Art League, totaled $9,624. This amount was paid to member artists during the year. 11. All nominal accounts were closed at year-end. 3 5 8 61,090 01 4,700 ,700 Grants Recelivable 9,624 Payable to Artists 0,981 Contributions-Without Donor Restrictions 6.994 0 16,385 Tuition and Fees Membership Dues 2.406 Commission Revenue B 02 Cash 1,961 688 273 Donor Restrictions 03 Grants Receivable 5.060 Deferred Revenue 1,920 Community Art Education 3,140 04 Rent Expense 18,200 Contributions-Without Donor Restrictions 18 200 Ubides Expense 3,100 Salaries and Benefits Expense 47,100 Miscellaneous Expense Printing and Posting Expense 1.330 Cash 1,853 230 Prepaid Expenses Accounts Payable and Accrued Expenses 6(a) Cash 3,0000 Short-Term Investments 3.000 5 3,0000 Cash 6(a) ,000 Short-Term Investments 6(b) Equipment 2,855 Cash Net Assets Released-Satisfaction of Purpose Restriction-With 2,855 6(c) 2.855 Net Assets Released Satisfaction of Purpose 845 7(a) Community Art Education 845 Cash 7(b) Net Assets Released -Satisfaction of Purpose R 845 Net Assets Released Satisfaction of Purpose Restriction-w 845 Depreciation Expense 1,662 Allowance for Depreciation-Equipment 1,662 21,616 .. 21,616 18,01 30 10,808 Exhibition Program Community rt Education Management and General 18,200 47,100 3.100 1,330 660 Rent Expense Salaries and Benefits Expense Utlities Expense Printing and Posting Expense 3 5 330 rining ana rosung Expense 660 1,662 Miscellaneous Expense Depreciation Expense 0 9,624 10 Payable to Artists 9,624 41.981 11(a) Contributions-Without Donor Restrictions 16,385 Membership Dues 6.994 Tuition and Fees 2,406 Commission Revenue 688 Investment Income-Without Donor Restrictions Net Assets Without Donor Restrictions 4,103 21,472 22,461 8.013 10,808 Exhibition Program Community Art Education Management and General Fund-Raising 11(b) Investment Income-With Donor Restrictions 1,273 273 Net Assets With Donor Restrictions 11(c) 1,2733 Net Assets Weh Donor Restrictions Net Assets Released-Satisfaction of Purpose Restriction-W ,2733 |Net Assets Released-Satisfaction of Purpose Restriction-With a 11(d) 688 Net Assets Without Donor Restrictions 3 5