CGWO pays salaries and benefits for the year (assume all amounts are paid in cash). The following table presents the allocation of the costs to the various programs, management and general, and fundraising. Since expenses cannot be recognized from amounts with donor restrictions create a journal entry to release the full amount from restriction before entering the expenses.

Part A: Release the assets from restrictionGL CodeProgramRestrictionDebitCredit26,487,987.5016,487,987.50Part B: Record expendituresGL CodeProgramRestrictionDebitCredit510011001,887,455.94510012001,348,182.8051001300808,909.6951001400539,273.1351001500647,127.7551001600161,781.9451002100191,720.1851002200137,071.565100230082,242.945100240054,828.635100250065,974.355100260016,448.5951003100191,439.5051003200136,742.505100330082,045.505100340054,697.005100350065,636.405100360016,409.10420006,487,987.50 \begin{tabular}{|l|l|l|l|l|l|l|} \cline { 2 - 7 } \multicolumn{1}{c|}{} & \multicolumn{9}{c|}{ Programs } & \multicolumn{2}{c|}{} \\ \cline { 2 - 7 } \multicolumn{1}{c|}{} & ProgramsPhysicalandSocialDevelopment & SupplementaryEducation & CommunityDevelopmentandOrganization & Scholarships & ManagementandGeneral & Fundraising \\ \hline Salaries & $1,887,455.94 & $1,348,182.80 & $808,909.69 & $539,273.13 & $647,127.75 & $161,781.94 \\ \hline Payrolltaxes & 191,720.18 & 137,071.56 & 82,242.94 & 54,828.63 & 65,974.35 & 16,448.59 \\ \hline Employeebenefits & 191,439.50 & 136,742.50 & 82,045.50 & 54,697.00 & 65,636.40 & 16,409.10 \\ \hline TotalTotal & $2,270,795.62 & $1,621,996.86 & $973,198.13 & $648,798.76 & $778,558.50 & $194,639.63 \\ \hline \end{tabular}