distinguish between plant and other types of resources. In $20$XO$,$ the Northwest Ballet Assoclation $($NBA$),$ a not$-$for$-$ To show how these transactions would be reflected on the NBA's financlal statements, prepare a December $31.$

$200,$ statement of financial position. Assume that these were the only transactlons in which the organization

engaged and that all available cash, except that in the reserve fund, had been invested in short$-$term marketable

securities$.($Enter amounts in millions rounded to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$

Northwest Ballet Association

Statement of Financial Position

$($in millions$)$

Assets

Liablitities and Fund Balance

$

profit performing arts organization, undertook a major capital campaign to fund a new theater, expected to cost

$$10$ million. It was quickly able to raise $$6$ million, all of which was donor restricted. It borrowed the balance, issuing a

$5-$year, $8-$percent term note for $$4$ milllon. During the year, the NBA broke ground on the project and incurred

construction costs of $$3\mathrm{.}4$ million. It earned $$0\mathrm{.}52$ million in interest on investments. It incurred and paid $$0\mathrm{.}32$ million

in interest on the note. In addition, as required by the note, it placed $$0\mathrm{.}7$ million in a reserve fund $($a specially dedicatec

bank account$)$ for the repayment of the debt.

$($a$1)$

To show how these transactions would be reflected on the NBA's financlal statements, prepare a December $31,$

$20$X$0,$ statement of activities. Assume that these were the only transactions in which the organization engaged and

that all available cash, except that in the reserve fund, had been invested in short$-$term marketable securities$.($Do

not leave any answer field blank. Enter o for amounts. Enter negative amounts using either a

negative sign preceding the number e$.$g$.-45$ or parentheses e$.$g$.(45).$ Enter amounts in millions

rounded to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$

Northwest Ballet Association

Statement of Activities

Without Donor Restrictions

With Donor Restriction

$

$

$$$