42. On December 31, Year 6, the Board of Trustees of a private, not-for-profit college designated $5,000,000 of unrestricted net assets for the construc- tion of an addition to the music building. What effect does this designation have on the college's unre- stricted and temporarily restricted net assets shown on the statement of financial position on December 31, Year 6? a. b. Unrestricted Net Assets Decrease Decrease Temporarily restricted Net Assets Increase No effect C. No effect Increase d. No effect No effect 43. The following contributions were received by a private voluntary health and welfare organization. Which of these would not be recorded as an increase in unrestricted revenue? a. A carpenter donated labor and materials for the construction of a deck. b. A painter donated paint and labor to paint all the meeting rooms. c. A retired college professor donated reading ser- vices to senior citizens. The organization would not have paid for these services if they had not been donated. d. A CPA firm donated its services to audit the fi- nancial statements for the past year