P16-1 (Donation-Related Entries) Larry Leininger donated $3,000,000 to a nongovernment VHWO on June 17,208. 1. Assume that no restrictions are placed on the use of the donated resources. a. Prepare the required June 17,208, entry. b. Prepare any entries necessary in 209 if $400,000 of the gift is used to finance VHWO operating expenses. 2. Assume that the donation was restricted to research a. Prepare the required June 17, 20X8, entry. b. Prepare any entries required in 209 as a result of spending $400,000 for research during 209. 3. Assume that the donation was restricted for fixed asset acquisitions. a. Prepare the required June 17,208, entry. b. Prepare any entries required in 209 if $400,000 of the git is used to purchase a new building. The building is placed in service at year end