Kids R Us is a not-for-profit organization dedicated to providing resources and other assistance to underprivileged children. This organization also has a gift shop in which it sells shirts, bumper stickers, and other memorabilia related to its cause. Please note that all "pledges" in this problem are not received in cash unless specified in the transaction. Please record the transactions below for Kids R Us. 1. Paid the month's rent for the office, $6,500. The landlord would normally rent this office space for $10,000 a month, but because of the "cause" of the charity, agreed to rent the space at a $3,500 discount per month. 2. A fund drive raised $86,000 in pledges. There were not conditions or restrictions attached with these pledges, and it is estimated that 5% will not be received. 3. Paid wages to Kids R Us employees, $12,000, cash. 4. Pledges of $50,000 are received for renovation of a waterpark. Please note that this is a restriction in that the cash must be used for the waterpark. It is expected that all these pledges will be received. 5. An engineer donated her time to renovate various waterpark equipment, work for which she is specially trained. The market value of her services would be $2,100. 6. Three CPAs devoted 6 hours each, raking leaves, hauling trash, and painting fencing at the waterpark. The standard billing rate of these CPAs for accounting related work is $85 per hour. 7. $40,000 of the pledges received in #4 are received in cash, and the cash is immediately used for maintenance of the waterpark. 8. A donor gave Kids R Us $8,000 cash and specified that this can be spent for any purpose, but only if Kids R Us ads a concession stand to the waterpark. 9. Kids R Us has a summer camp every year, and admissions are sold for this year's camp, $6,200 cash is received, and the camp will be held in 5 months. 10. A citizen donated $400,000 to Kids R Us as an endowment, only earnings from the $400,000 can be spent by Kids R Us. 11. A citizen donated $1,900 to Kids R Us, and specified that the donation cannot be spent until the next fiscal year. 12. The following year has arrived and the $1,900 in #11 is spent for meals for children. 13. A citizen donated a riding lawn mower to Kids R Us, having a market value of $3,600. She required that the lawn mower be used only to cut grass at a specific children's park. 14. Kids R Us installed a concession stand at the waterpark (#8). As such the $8,000 cash received in #8 can now be spent. Please record the appropriate adjustment for the $8,000. 15. A person pledged to donate $10,000 to Kids R Us if Kids R Us received $5,000 of donations over the next two months. Kids R Us is confident that the person will follow through with this pledge if the $5,000 is raised. 16. Five weeks later, Kids R Us successfully campaigned for and received $5,000 of donations referred to in #15. Please record the appropriate adjustment for the $10,000 pledge. 17. Depreciation of $500 is recorded on the riding lawn mower received in #13. 18. Wages of $6,200 are paid. 19. Of the pledges received in #2, $400 are deemed uncollectible and written off. 20. Investments held by Kids R Us grew in value by $2,900. The appropriate marked to market adjustment is made