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help please E18-3 (Asset Restrictions and Designations) A government hospital has the following assets, among others: 1. Investments of $2 million from a donation made
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E18-3 (Asset Restrictions and Designations) A government hospital has the following assets, among others: 1. Investments of $2 million from a donation made specifically for the purpose of defraying part of the cost of enlarging the hospital's pediatric center. 2. Cash and investments totaling $750,000 that the hospital board has designated for use for the expansion of the pediatric center. 3. $1.5 million restricted by donors to be used to supplement the operating budget of the hos- pital's cancer treatment center. 4. $2 million restricted by third-party reimbursement agreements to be used to replace certain equipment. Required Show how these amounts should be reported in the hospital's Statement of Net PositionStep by Step Solution
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