P16-4 (Classification of Net Assets) A nongovernment VHWO or ONPO has the following resources:

Resources restricted for use in future years but not restricted to a specific purpose	$ 1,300,000
Unrestricted resources designated for plant expansion	3,000,000
Undesignated, unrestricted resources	9,000,000
Resources restricted by donors for:
Scholarships	4,000,000
Research	10,000,000
Plant expansion	5,000,000
Term endowments	2,000,000
Permanent endowments	50,000,000
Resources invested in fixed assets (net of accumulated accumulated depreciation and related debt)	17,000,000
Resources restricted by bond indenture for plant expansion	4,500,000

Required

Prepare the net assets section of the Balance Sheet for this non-government VHWO or ONPO.