Question $14$

$2$ pts

Birdlovers, a nongovernmental not$-$for$-$profit entity, incurred $$5,000$ in management and general expenses during the year. In Birdlovers' statement of activities for the year ended December $31,$ the $$5,000$ should be reported as

A contra account offsetting revenue and support.

A direct reduction of net assets.

Part of program services.

Part of supporting services.