nts 4/7 4 Functional expenses recorded in the general ledger of ABC, a nongovernmental not-for-profit entity, are as follows: Description Soliciting prospective members Printing membership benefits brochures Soliciting membership dues $70,000 $10,000 Amount $110,000 $35,000 45,000 Maintaining donor list 10,000 What amount should ABC report as fundraising expenses? 30,000 25,000 Ti At 30