For a number of years, a private not$-$for$-$profit entity has been preparing financial statements that do not necessarily

conform to U$.$S$.$ generally accepted accounting principles. At the end of the most recent year $($Year $2),$ those financial

statements show total assets of $$900,000,$ total liabilities of $$100,000,$ net assets without donor restriction of $$400,000.$

and net assets with donor restrictions of $$400,000.$ This last category is composed of $$300,000$ in net assets with

purpose restrictions and $$100,000$ in net assets that must be permanently held. At the end of Year $1,$ financial statements

show total assets of $$700,000,$ total liabilities of $$60,000,$ net assets without donor restriction of $$340,000,$ and net assets

with donor restrictions of $$300,000.$ This last category is composed of $$220,000$ in net assets with purpose restrictions

and $$80,000$ in net assets that must be permanently held. Total expenses for Year $2$ were $$500,000$ and reported under

net assets without donor restrictions. Each part that follows should be viewed as an independent situation.

Assume that on January $1,$ Year $2,$ several supporters of the entity spend their own time and money to construct a garage for the

entity's vehicles. The results are donated for free. The labor has a fair value of $$20,000,$ and the materials has a fair value of $$50,000.$

The garage is expected to last for $10$ years with no anticipated residual value. To record this donation, the entity increases its

contributed support under net assets without donor restrictions by $$70,000$ and increases its expenses under net assets without

donor restrictions by the same amount. No further entry is ever made.

Required:

a$.$ What is the appropriate amount of net assets without donor restrictions at the end of Year $2?$

b$.$ What is the appropriate amount of total assets at the end of Year $2?$

c$.$ What is the appropriate amount of expenses for Year $2?$

Answer is complete but not entirely correct.