At the beginning of the year, Improving Chidhood Health, a health and welfare not-for- profit entity, had the following Net Assets balances: Net Assets: Unrestricted Temporarily Restricted, $90,000 Permanently Restricted, $100,000 $800,000 During the year a number of transactions occurred. Using a 3-column schedule, show how each of the following transactions would affect the organization's three categories of Net Assets. Show any reclassification necessary. Please number each entry on your schedule to match the numbering below and provide a final total. (Do not net amounts together.) 1. Major donors promised contributions (pledges) of $140,000 to be paid in cash within thirty days (before the end of the year) that are to be used as determined by the Board of Directors 2. Salaries of $35,000 are paid with $10,000 of that amount coming from restricted funds 3. Equipment is bought for $95,000 by signing a long-term note for $60.000 and using 4. A promise is received for a contribution (pledge) of $92,000 that will be collected in 5. A donor gives $12,000 to the charity with instructions that the Board of Directors temporarily restricted funds for the remainder three years. Present value is $77,000. should decide on some other not-for-profit to eventually receive the money. The donor did not decide what specific not-for-profit should benefit. 6. Depreciation of $18,000 is recorded. 7Iotorst ot ss0 and rinsinal of 52 000 is naid on the note previously sianed when the