please complete Transaction Worksheet & Balance Sheet based on the story problem. The current table given is for 2023, story problem is transactions for 2024

\begin{tabular}{lr} Account & Balance \\ Cash & $2,000 \\ Contracts Receivable & 1,000 \\ Equipment & 2,500 \\ Net Assets without Donor Restrictions & 6,000 \\ Pledges Receivable, Net of Allowance & 500 \\ \hline \end{tabular} 11-18. For Youth Agency (FYA) is a notfor-profit organization that provides counseling and recreation programs for youthful offenders and delinquents. FYA's programs are financed through a contract with the county in which it is located and through contributions from local citizens. Its contract with the county provides for reimbursement of allowable costs based on monthly billings to the county. FYA uses the accrual basis of accounting, and the following transactions occurred during 2024: 1. FYA received cash in the amount of $25,000, to be used as the FYA board of directors considers appropriate. had a fair market value of $1,300 total at the time of the gift. The donor sent FYA's president a letter with the gift, saying that proceeds of the stock should be used only to purchase athletic equipment for the basketball team. FYA sold the stock upon receipt. 3. FYA paid $800 cash for athletic equipment, using some of the proceeds received in Transaction 2. The expense was charged to the Recreation programs account. 4. FYA spent $12,000 cash on the following: $8,000 for counseling programs, $3,000 for recreation programs, and $1,000 for administration. 5. FYA billed the county $6,500 for costs incurred under its contract. 6. A licensed social worker in the area donated 100 hours of her time to FYA. Her normal hourly rate is $50 per hour. The CEO appreciates the dona- tion because otherwise he would have to purchase the counseling services. 7. FYA borrowed $10,000 from the local bank on an unsecured note. The whole amount will be repaid next year. 8. FYA paid the local bank $1,600, of which $400 was interest. 9. FYA recorded $300 of depreciation for the year. 10. FYA prepaid next year's rent of $12,000. 11. FYA determined that it will not be able to collect $250 of pledges that are on the balance sheet. Record the above transactions. Then, using the beginning balances in this table, produce the balance sheet, activity statement, and cash flow statement. FYA Balance Sheet As of December 31, 2024 and December 31, 2023 Assets: Current Assets Cash Pledges Recelvable, net Contracts Recelvable Prepaid Expense Total Current Assets 500 500NetAssetsNetAssets Net Assets without Donor Restrictior Net Assets with Donor Restrictions Long-Term Assets Total Net Assets \begin{tabular}{lll} Equipment & & \\ Total Long-Term Assets & $0 & $0 \\ \hline \end{tabular} TOTAL ASSETS $0 $0 TOTAL LIAB. AND NET ASSETS $0 50 Transactions Worksheet