Check On January 1, 2020, a foundation made a pledge to pay $51.000 per year at the end of each of the next five yours to the Cancer Research Center, a nonprofit voluntary health and welfare organization, as a salary supplement for a well-known researcher On December 31, 2020, the first payment of $51000 was received and paid to the researcher 1. On the books of the Concer Research Center, record the pledge on January, assuming the oppropriate discount rate is 5 percent on an annual basis. The appropriate present value annuity factor is 4.32948 2. Record the increase in the present value as of December 31 3. Record the receipt of the first $51,000 on December 31 and the payment to the researcher (if no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Round intermediate calculations and final answers to the nearest whole dollar) View transaction lit onces Journal entry worksheet 1 2 3 5 on the books of the Cancer Research Center, record the pledge on January assuming the appropriate discount rate is 5 percent on an annual basis. The appropriate present value annuity factors 4.33 Note Enter debit before creats General Journal Credit Transaction 03 Presented below is a partially completed Statement of Activities for a homeless shelter. Complete the Statement of Activities by filling in any missing amounts as needed. CENTERVILLE AREA HOMELESS SHELTER Statement of Activities For the Year Ended December 31, 2020 Net Assets Net Assets without Donor with Donor Total Restrictions Rostrictions Revenues Contribution revenues $ 0 $ 1,586,850 Net assets released from restrictions 28,000 (28,000) 0 Total revenues 28.000 (28.000) 1,586,850 Expenses Temporary shelter program 1.031.200 Self-sufficiency program 367,400 Fundraising 7.900 Administration 67.100 Total expenses 0 0 1.473.000 Increase in net ses 36.000 27,190 113,190 Net assets January 1 18.000 14,450 32.450 Not assets December 31 $ 104.000 $ 41,640 $ 145,640