Coleman College, a not$-$for$-$profit institution, issued $$20$ million in revenue bonds. Per the terms of the bond indenture, the college must maintain a cash reserve of $$800,000-$which is equal to six months of interest. The cash that is set aside should be classified for external purposes as

a$.$ without donor restrictions.

b$.$ with donor restrictions.

c$.$ prepaid expense.

d$.$ either without donor restrictions or with donor restrictions depending on applicable state law.

For purposes of internal reporting Briggs College accounts for its bookstore as an auxiliary enterprise. For purposes of external reporting the college should classify the store's inventory as

a$.$ special$-$purpose assets.

b$.$ assets with donor restrictions.

c$.$ current assets.

d$.$ component unit assets.