Following is financial data for Cool School, Inc., a not-for profit organization providing preschool care and education for children. Given this information, prepare the statement of activities and the statement of financial position.

Long-term liabilities	$547,600
Plant, property and equipment, net	867,560
Expensessupport	198,640
Payables	367,440
Depreciation expense (of which 89% relates to program expenses and 11% relates to support expenses)	67,520
Investments	1,025,100
Net assets released from restrictions	124,260
Expensesprogram	1,587,720
Cash	167,780
Contributions receivable	487,580

	Without Donor Restrictions	With Donor Restrictions
Supportcontributions	$1,657,580	$ 198,220
Revenuesinvestment	79,700	77,840
Net assets, beginning of year	746,560	726,960

Instructions:

Round answers to the nearest whole number, when applicable.

Use a negative sign to show a decrease in net assets or a release of net assets.

Statement of Activities
	Without Donor Restrictions	With Donor Restrictions	Total
Supportcontributions	Answer	Answer	Answer
Revenuesinvestment	Answer	Answer	Answer
AnswerChange in fund balanceChange in net assetsChange in net positionNet assets released from restrictionsSatisfaction of program restrictions	Answer	Answer	Answer
Total support and revenue	Answer	Answer	Answer
Expensesprogram	Answer	Answer	Answer
Expensessupport	Answer	Answer	Answer
Total expenses	Answer	Answer	Answer
AnswerChange in fund balanceChange in net assetsChange in net positionNet assets released from restrictionsSatisfaction of program restrictions	Answer	Answer	Answer
Net assets beginning of year	Answer	Answer	Answer
Net assets end of year	Answer	Answer	Answer

Statement of Financial Position
Cash	Answer
Investments	Answer
Contributions receivable	Answer
Total current assets	Answer
Property plant and equipment net	Answer
Total assets	Answer
Payables	Answer
Total current liabilities	Answer
Long-term Liabilities	Answer
Total liabilities	Answer
Net assetswithout donor restrictions	Answer
Net assetswith donor restrictions	Answer
Total net assets	Answer
Total net assets	Answer