A non-profit organization received $80,000 as the entrance fee of a new member. If 10% of the fee has to be capitalized, what is the amount of fee needs to be shown in the income and expenditure account? O a. $72,000 O b. $82,000 c. $80,000 O d. $62,000 The financial statements of XYZ funds show total public support of 14,000,000$, total grants of the 1,000,0005, and the total contribution of 5,000,000$, then the total sponsorship is a. 8,000,000$ b. 4,000,0005 c. 3,000,0005 d. 1,000,0005