A local philanthropist pledged to make an unrestricted donation of $100,000 to an NPO to be paid in five equal installments of $20,000 beginning in the next fiscal year. Assume that all pledged amounts will be received. Under FASB standards the pledge would be recognized as:

A) an increase of $20,000, in unrestricted net assets, in each of the following five years.

B) an increase in temporarily restricted net assets of $20,000, in each of the following five years.

C) an increase in unrestricted net assets of $100,000 in the year the pledge was made.

D) More than one of the above.