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Cisco Hospital got a donor restricted gift of $450,000 to be invested in securities and held as an endowment. After year one, interest income from

Cisco Hospital got a donor restricted gift of $450,000 to be invested in securities and held as an endowment. After year one, interest income from the endowment gift was $49,000. If Interest income is not restricted in any way, what are the journal entries for:

1) receipt of the donor gift

2) investment of donor gift

3) interest income at the end of the year.

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