72. Arpco, Inc., a for-profit provider of healthcare services, recently purchased two smaller companies and is researching accounting issues arising from the two business combinations. Which of the following accounting pronouncements are the most authorita- tive? a. AICPA Statements of Position. b. AICPA Industry and Audit Guides. c. FASB Statements of Financial Accounting Con- cepts. d. FASB Statements of Financial Accounting Stan- dards. . 73. During the year, Public College received the fol- lowing: An unrestricted $50,000 pledge to be paid the following year. A $25,000 cash gift restricted for scholarships. A notice from a recent graduate that the college is named as a beneficiary of $10,000 in that graduate's will. What amount of contribution revenue should Public College report in its statement of activities? a. $25,000. b. $35,000. c. $75,000. d. $85,000. 74. A voluntary health and welfare organization re- ceived a $700,000 permanent endowment during the year. The donor stipulated that the income and in- vestment appreciation be used to maintain its senior center. The endowment fund reported a net invest- ment appreciation of $80,000 and investment income of $50,000. The organization spent $60,000 to main- tain its senior center during the year. What amount of change in temporarily restricted net assets should the organization report? a. $50,000 b. $70,000 c. $130,000 d. $770,000