Food for the Golden Years is a private, not-for-profit organization that provides free meals for the post-65 age group in the suburbs of a large city. Record the following transactions in the accounts of Food for the Golden Years. The following transactions affected the accounts of Food for the Golden Years. Unrestricted cash gifts that were received last year, but designated for use in the current year, totaled $20.000. Unrestricted pledges of $40,000 were received. Five percent of the pledges typically prove uncollectible. Additional cash contributions during the year totaled $25,000. Donations of food totaled $100,000. The inventory of food on hand decreased by $1, 500 during the year. The following expenses were incurred: Salary of director, $15,000; facility rental for the mails program, $2, 500; and purchases of food, $45,000. Pledges of $250,000 were received during the year. The pledges were restricted for use in purchasing new delivery vans. All of these pledges are expected to be collected in the next fiscal year. Instructions Make journal entries for the aforementioned transactions