Question: P 1 7 - 7 ( Statements ) Analysis of the accounts of Hathaway State College for the fiscal year ended June 3 0 ,

P17-7(Statements) Analysis of the accounts of Hathaway State College for the fiscal year ended June 30,20X7, provided the following in formation: P17-7(Statements) Analysis of the accounts of Hathaway State College for the fiscal year ended
June 30,207, provided the following information:
Earnings of the endowments included the following:
Additional Information
Unrestricted
$100,000
Restricted for:
Scholarships and fellowships .....................................
Plant expansion ......................,75,000
Total. ........................ $220,000 Contributions received during fiscal year 207 were for these purposes:
a.Unrestricted. Restricted investment income was earned for:
a.Scholarships and fellowships....................................
Revenues from: Unrestricted Restricted
Tuition and fees .................................... $7,300,000
State appropriations ................................5,920,000 $840,000
Federal grants and contracts (80% operating;
20% capital).....................................
2,000,000
Private gifts, grants, and contracts .....................2,950,0001,112,000
Sales and serv ices of auxiliary enterprises ..............3,000,000
Sales and serv ices of educational activities. .............500,000
Expenses for:
Instruction ........................................5,830,000760,000
Research ..........................................1,200,000610,000
Public service ......................................300,0002,000,000
Academic support ..................................2,000,000
Stu dent services ....................................925,000
Institutional support ................................2,500,000
Operation and maintenance of plant ..................3,125,000
Scholarships and fellowships .........................200,000155,000
Auxiliary enterprises ................................2,660,000
1. Earnings of the endowments included the following:
Unrestricted .................................... $ 100,000
Restricted for:
Scholarships and fellows hips ....................
45,000
Plant expansion ...............................75,000
Total. .....................................

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