P 21-4 Preparation of trust fund statements On January 1, 2016, J. G. Monee created a student aid trust fund to which he donated a building with a fair value of $400,000 (his cost was $250,000), bonds having a market value of $500,000, and $100,000 cash. The trust agreement stipulated that principal was to be maintained intact and earnings were to be used to support needy students. Consider gains on investments and depreciation as adjustments of earnings rather than of