On November $30,2024,$ James Lee, an alumnus of Kelly School, a private, not$-$for$-$profit high school, contributed $$15,000,$ with the stipulation that the donation be used for faculty travel expenses during

$2025.$ During $2025,$ Kelly spent all of the donation in accordance with Mr$.$ Lee's wishes. For the year ended December $31,2025,$ what was the effect of the donation on net assets without donor restrictions and net assets with donor restrictions?

$$Net assets without donor restrictions: increase; Net assets with donor restrictions: no effect

$$Net assets without donor restrictions: no effect; Net assets with donor restrictions: decrease

$$Net assets without donor restrictions: no effect; Net assets with donor restrictions: no effect

$$Net assets without donor restrictions: increase; Net assets with donor restrictions: decrease