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A donor gave equipment valued at $90,000 at the beginning of 2020 to a private not-for-profit organization. The equipment had a 10-year life and

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A donor gave equipment valued at $90,000 at the beginning of 2020 to a private not-for-profit organization. The equipment had a 10-year life and depreciation of $9,000 was charged during 2020. At the end of the year, the net assets to be reported in unrestricted net assets related to this equipment would be: Multiple Choice $81,000. N/A - fixed assets and not part of "net assets" $0. $90,000.

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