The trial balance of Farley College, a government university, as of September 1, 20XS, includes the following:

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Land..... Buildings.... Accumulated Depreciation-Buildings Equipment... Accumulated Depreciation Equipment. Mortgage Payable.... Net Assets-Invested in Capital Assets ... $ 200,000 3,300,000 1,200,000 900,000 300,000 250,000 3,250,000 The following transactions took place during the year: 1. A cash donation of $40,000 was received from an individual for the purpose of financing new additions to the business and public administration building. 2. The money was invested in securities acquired at par.