Indicate how the following contributed service would be recorded by a private, non-profit organization:

A nurse donates her time to collect blood at an American Red Cross blood drive.

The contribution is not recorded.

The contribution is recorded as revenue with an equal amount recorded as expense.

The contribution is recorded as revenue with an equal amount recorded as other financing uses.

The contribution is recorded as an asset with an equal amount recorded as expense.

The contribution is recorded as an asset with an equal amount recorded as contribution revenue.