A Pre-Closing Trial Balance for Shady Lane Senior Living Center is listed below. From the list of accounts provided, prepare an activity statement. In this instance, there are no assets released from restrictions. Download the excel file provided. Prepare the activity statement, save it on your computer, and upload your response in the drop box below.

Cash $121,000

Pledges Receivable 50,240

Interest Income Receivable 500

Inventory 1,000

Investments – long term 492,600

Land 42,000

Building 162,800

Vintage Car Collection 60,000

Allowance for Uncollectible Pledges 1,000

Accumulated Depreciation 22,600

Accounts Payable 600

Notes Payable 1,000

Deferred Revenue 400

Long Term Loans Payable 100,000

Mortgage Payable 14,000

Net Assets: UR Undesignated 100,000

Net Assets: UR Designated 60,000

Net Assets: TR 100,000

Net Assets: PR 200,000

Program Expenses 42,300

SS: Mgt & Genl Exp 9,600

SS: Fundraising Exp 3,600

Reclassifications OUT-TR 44,200

Loss on Disposal of equipment 600

Revenue: Contributions-UR 26,700

Revenue: Contributions – TR 45,440

Revenue: Contributuions – PR 300,000

Revenue: Investment Income – UR 4,100

Revenue: Investment Income – TR 2,400

Revenue: Investment Gains – PR 7,600

Revenue: Fees – UR 400

Reclassifications IN-UR 44,200