At the end of 2019, a private university received a 1,000,000 gift from a donor who specified the gift be used to create an endowment fund that would be invested in perpetuity. The income from the fund is to be used as scholarships to support accounting students from the year 2021. An investment purchased with the gift at the beginning of 2020 earned 30,000. At the end of 2020, the fair value of the investment was 1,015,000. What is the net effect on net assets with donor restrictions at the end of 2020?

a.) 1,030,000 increase

b.) 0

c.) 15,000 increase

d.) 45,000 increase

e.) 30,000 increase

f.) 1,015,000 increase

g.) 1,000,000 increase