Can you help me complete this homework for Not for Profit Accounting? Do not complete it unless you are absolutely sure you know it

VII. PROBLEM College Place Academy is a private, religious high school that started in July, 2015. It has the following transactions during the fiscal year ended 6/30/16. 1. Founding board members contributed $1 million of cash, $200,000 of which the board set aside for a maintenance \"endowment.\" The rest of the donation was unrestricted. 2. A CPA firm assisted in getting incorporated and obtaining tax-exempt status from the IRS. The value of the services was $12,000 but the firm only billed $8,000. The bill included a note stating that the $4,000 difference was a \"gift\" to the school. The $8,000 bill was paid. 3. Paid $600,000 for a building. 4. Received $100,000 cash from Blue Mountain Foundation for a permanent scholarship endowment. 5. Tuition bills of $400,000 were sent out to parents, of which $395,000 was received in cash. 6. Paid $450,000 of faculty/staff wages by using $440,000 cash and $10,000 from a bank credit line (LOC Payable). 7. Paid $20,000 for supplies, all of which were used up before 6/30/16. 8. Interest income of $22,000 was received, $5,000 of which was earned by the scholarship endowment. 9. Granted $4,000 of student scholarships to those students whose parents can't pay by applying $4,000 to their receivable accounts. 10. A donation of $12,000 was received for faculty professional development, consisting of $3,000 cash ($2,000 of which was spent right away on seminars) and a $9,000 unconditional promise to give before the fiscal year ended. 11. Recorded depreciation on the building of $16,000. Instructions: Complete the following in the space below and on the next page, if needed. If you use Excel, please delete the table below and paste your answers into this Word document. 1. Prepare a Statement of Financial Position for CP Academy in good form according to GAAP, as of 6/30/16. 2. Prepare a Statement of Activities for CP Academy in good form according to GAAP, for year-ended 6/30/16. 3. Briefly evaluate the health of this charity after its first year (including its sustainability)