36. In December 2016 a donor to a college established a trust in which college receives $ 5,000,000 to be invested. The donor's spouse is to receive $ 40,000 of the income per year for ten years. At that point, the assets and income revert to the college. The college estimates that the present value of the anticipated receipts from the trust amount to $ 4,800,000. How should this $ 4,800,000 be recorded in 2016, assuming The College is a public institution Deferred inflow The College is a private institution Contribution revenue B) Contribution revenue C Deferred inflow GP) Deferred inflow Contribution revenue Deferred inflow Contribution revenue 36. In December 2016 a donor to a college established a trust in which college receives $ 5,000,000 to be invested. The donor's spouse is to receive $ 40,000 of the income per year for ten years. At that point, the assets and income revert to the college. The college estimates that the present value of the anticipated receipts from the trust amount to $ 4,800,000. How should this $ 4,800,000 be recorded in 2016, assuming The College is a public institution Deferred inflow The College is a private institution Contribution revenue B) Contribution revenue C Deferred inflow GP) Deferred inflow Contribution revenue Deferred inflow Contribution revenue