From the pre closing trial balance, complete the statement of activities (income statement)

19 20 21 Credit 24 Cash 17,000 Learning Tree Preclosing Trial Balance December 31,2015 22 Restricted Current Fund 23 Account Title Debit 14,000 25 Temporarily support-contributions Temporarily restricted asset reclassifications out- 3,000 26 satisfaction of program restrictions 17,000 Learning Tree Preclosing Trial Balance December 31,2015 31 Endowment Fund 32 Account Title Debit 32 Investments 47,000 34 Permanently restricted support-contributions Permanently restricted losses-unrealized investment 3,000 17.000 27 28 29 30 Credit 50,000 as losses 50,000 50,000 36 32 38 39 40 41 42 43 44 2 With Donor Restrictions 3 4 6 Revenues, Gains and Other Support: s Contributions Donated services 7 Investment income 8 Realized/Unrealized investment gains(losses) Net assets released from restrictions: satisfaction 9 of program restrictions Total Revenues, Gains and Other Support: 10 11 Expenses: 12 Care of animals expense 13 Special programs expense 14 Administrative expenses Total expenses 16 Changes in net assets 17 Net assets, beginning of year 18 Net assets, end of year 15 19 20 21