Presented below are financial statements (except cash flows) for two not-for-profit organizations. Neither organization has any permanently restricted net assets. \begin{tabular}{|c|c|c|} \hline Statehent of Net Assets & ABC Not-for-Profit & XYZ Not-for-Profit \\ \hline \multicolumn{3}{|l|}{ Current assets } \\ \hline Cash & $215,000 & $366,000 \\ \hline Short-term cash equivalents & 275,000 & 100,000 \\ \hline Supplies inventories & 42,000 & 160,000 \\ \hline Receivables & 449,500 & 198,500 \\ \hline Total current assets & 981,500 & 824,500 \\ \hline \multicolumn{3}{|l|}{ Noncurrent assets } \\ \hline Noncurrent pledges receivable & 275,000 & \\ \hline Endowment investments & 2,690,000 & \\ \hline Land, buildings, and equipment (net) & 3,185,000 & 1,778,000 \\ \hline Total noncurrent assets & 6,150,000 & 1,778,006 \\ \hline Total assets & $7,131,580 & $2,602,500 \\ \hline \multicolumn{3}{|l|}{ Current liabilities } \\ \hline Accounts payable & 33,000 & $139,000 \\ \hline Total current liabilities & 33,600 & 139,000 \\ \hline Noncurrent liabilities & . & \\ \hline Notes payable & 188,500 & \\ \hline Total noncurrent liabilities & 188,500 & \\ \hline Total liabilities & 221,500 & 139,000 \\ \hline \multicolumn{3}{|l|}{ Net Assets } \\ \hline Unrestricted & 4,035,000 & 2,374,500 \\ \hline Donor restricted for purpose & 165,008 & 89,000 \\ \hline Donor restricted for endowment & 2,690,000 & 8 \\ \hline Total net assets & 6,890,000 & 2,463,500 \\ \hline Total liabilities and net assets & $7,111,500 & $2,602,500 \\ \hline \end{tabular}