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I need help with attached file. Elizabeth College, a small private college, had the following transactions in fiscal year 2017. 1. Gross tuition and fees

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I need help with attached file.

Elizabeth College, a small private college, had the following transactions in fiscal year 2017.
1.

Gross tuition and fees revenue totaled $5,940,000. Tuition waivers and scholarships of $516,000 were granted. Of the tuition waivers granted $310,400 was for teaching assistantships, which is an instruction expense.

2.Students received tuition refunds of $118,670.
3.

During the year the college received $1,925,000 cash in unrestricted private gifts, $583,700 cash in temporarily restricted grants, and $1,850,000 in securities for an endowment.

4.

A pledge campaign generated $2,790,000 in pledges. Of the amount pledged, $658,200 was for the capital construction campaign, $810,000 was for endowments, and the remainder of the pledges had no purpose restrictions. The pledges will all be collected in 2018.

5.Auxiliary enterprises provided goods and services that generated $128,370 in cash.
6.Collections of tuition receivable totaled $5,250,000.
7.Unrestricted cash of $1,850,000 was invested.
8.The college purchased computer equipment at a cost of $27,580.
9.During the year the following expenses were paid:

Instruction$3,608,540
Academic support2,072,000
Student services104,980
Institutional support518,130
Auxiliary enterprises109,410

10.Instruction provided $620,000 in services related to the temporarily restricted grant recorded in transaction 3.
11.

At year-end, the allowance for uncollectible tuition and fees was increased by $10,600. The fair value of investments had increased $14,940; of this amount, $8,140 was allocated to permanently restricted net assets, the remainder was allocated to unrestricted net assets. Depreciation on plant and equipment was allocated $43,250 to instruction, $49,500 to auxiliary enterprises, and $17,550 to academic support.

12.All nominal accounts were closed.

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