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Please help Miles Davis donated $3,000,000 to a local nonprofit on December 31, 2017 1.Assume that no restrictions are placed on the use of the

Please help

Miles Davis donated $3,000,000 to a local nonprofit on December 31, 2017

1.Assume that no restrictions are placed on the use of the donated resources.

Make the required December 31, 2017 entry

Make if there are entries necessary in 2018 if $400,000 of the gift is used to finance nonprofit operating expenses

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