31. On December 30, Year 4, Leigh Museum, a not- for-profit organization, received a $7,000,000 dona- tion of Day Co. shares with donor stipulated require- ments as follows: Shares valued at $5,000,000 are to be sold with the proceeds used to erect a public viewing building Shares valued at $2,000,000 are to be retained with the dividends used to support current opera- tions. Leigh elected early adoption of FASB Statement No. 117, Financial Statements of Not-for-Profit Organi- zations. As a consequence of the receipt of the Day shares, how much should Leigh report as temporarily restricted net assets on its Year 4 statement of finan- cial position? a. $0 b. $2,000,000 c. $5,000,000 d. $7,000,000