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36. Lakeside Art Center, a nongovernmental not-for-prot entity, receives a contribution of $5 million. The donor stipulates that the contribution must be used to acquire
36. Lakeside Art Center, a nongovernmental not-for-prot entity, receives a contribution of $5 million. The donor stipulates that the contribution must be used to acquire paintings by local artists. Lakeside should classify the contribution as a) Permanently restricted b) Temporarily restricted c) Committed d) Unrestricted
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