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36 On December 30, 20X4 a not-for-profit organization received a donation of $19,000 worth of common stock with donor stipulations as follows: $8,000 worth of
36 On December 30, 20X4 a not-for-profit organization received a donation of $19,000 worth of common stock with donor stipulations as follows: $8,000 worth of stock is to be sold immediately with proceeds used construct a new building $4,000 worth of stock to be sold immediately with the proceeds to used to support the current operations of the organization $2,000 worth of stock to be held for one year, then sold with the proceeds to support the current operations of the organization $5,000 worth of stock is to be retained, with the dividends used to support current operations of the organization How much should the not-for-profit organization report as unrestricted on its current year statement of financial position? B 0 O A $13,000 OB $12,000 OC. $10,000 OD. $5,000 OE $19,000 OF $11,000 OG $2,000 'OH SO
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