***PLEASE ANSWER THE QUESTION REGARDING THE CHART BELOW. I HAVE ALREADY SUBMITTED THIS QUESTION AND WHOEVER ANSWERED IT DID IT TOTALLY WRONG***

1.)Donor A gave the NFPO a cash gift of $50,000 in June 2017, telling the NFPO the gift could not be used until 2018. Identify the net asset classification(s) in the journal entry made at the start of 2018.

2.) Attorney Howard Gorman volunteered his services to Taconic Singers, an NFPO. He spent 12 hours preparing contracts for the services of professional singers and 8 hours serving as an usher before performances. Gorman normally gets $200 an hour for legal services, and Taconic normally pays $8 an hour when it hires ushers.

3.) Donor B sent a letter to an NFPO, saying she would donate $20,000 in cash to the NFPO, to be used for any purpose the NFPOs trustees desired, provided the NFPO raised an equal amount of cash from other donors.

4.) Regarding the previous transaction, the NFPO raised $23,000 in cash from other donors and then notified Donor B of its success in meeting her condition for the gift.

5.) Donor C donates to a local museum a work of art having a fair value of $5,000, with the understanding that the museum will sell it at auction and use the funds for its general activities.

6.) Donor D advises a university that he has established an irrevocable charitable remainder trust, administered by his attorney, whereby his wife will receive income from the trust as long as she lives. At her death, the remaining trust assets will be distributed to the university as a permanent endowment. The universitys actuary estimates the fair value of the universitys beneficial interest to be $400,000.

7.) By December 31, 2018, the fair value of investments held in perpetuity by an NFPO increased by $30,000.

CR XXXXXX XXXXXX DR 1. Temporarily restricted net asset out - satisfaction of time restrictions XXXXXX Unrestricted net asset reclassifications in - satisfaction of time restrictions 2. Administrative expenses XXXXXX Unrestricted support - donated services (No entry is made for the donated time as an usher.) 1. No entry is made until the condition is substantially met. 4. Cash XXXXXX Unrestricted support - contributions Contributions receivable XXXXXX Unrestricted support - contributions 5. Art works held for sale XXXXXX Unrestricted support - contributed art 6. Contributions receivable - charitable remainder trustXXXXXX Permanently restricted support - contributions 7. Investments XXXXXX Permanently restricted unrealized and realized gains and losses on investments XXXXXX XXXXXX XXXXXX XXXXXX XXXXXX