Indicate how the following contributed service would be recorded by a private, non-profit organization:

A carpenter helps a youth organization tear down a small shed in order to make space for a playground.

The contribution is not recorded.

The contribution is recorded as revenue with an equal amount recorded as expense.

The contribution is recorded as revenue with an equal amount recorded as other financing uses.

The contribution is recorded as an asset with an equal amount recorded as expense.

The contribution is recorded as an asset with an equal amount recorded as contribution revenue.