Problem 3 (want typed and briefly explained answer) A voluntary health and welfare entity receives a gift of new furniture having a fair value of $2,100. The group then gives the furniture to needy families following a flood. How should the charity record receipt and distribution of this donation? select the right one a. Make no entry b. Record contributed support of $2,100 and community assistance expense of $2,100. c. Recognize revenue of $2,100. d. Recognize contributed support of $2,100 and community expenditures of $2,100