Do Good Inci is a not-for-profit organization that was formed on January 1, 2020. Do-Good has a December 31 year end. It has an accounting policy of capitalizing and amortizing its capital assets. On April 1,2020, Do. Good purchased equipment costing 58,000 . The equipment is estimated to have a useful life of 4 years, with no residual value at that time. This transaction was the only transaction that took place to date. The equipment was purchased from an unrestricted contribution of $8.000. What would be the balance in the General Fund on December 31, 2020? Select one. A. 50 B 56.000 C 56400 D. 50,090