On October, 12, 2021, the Village of Oak Park received a state grant of $50,000 to train its public safety employees for terrorist activities. The grant has no time restrictions. According to the terms of the grant, the Village will receive $50,000 from the state on October 31.

1. On October 12, 2021, the Village should recognize the $50,000 grant from the state by

1. Debiting due from other governments.
2. Crediting deferred inflow of resources-unavailable grant.
3. A and B.
4. Neither A nor B.

2. On October 31, 2021, the Village should recognize the states funding of $50,000 by

1. Debiting cash..
2. Crediting advance from state government.
3. A and B.
4. Neither A nor B.