Property, plant and equipment, net Expenses-program Expenses-support Cash To record purchase of long-term assets and recognize depreciation. 0 x 0x 0 x 0 0 192,400 b. Prepare the year-end statement of activities and statement of financial position. Note: Use a negative sign with your answer to indicate a decrease in net assets or release of net assets from restriction. Support-contributions Revenues-investment Statement of Activities Without With Donor Restrictions Donor Restrictions $ 4,144,000 $ 0 Net assets released from restrictions Total support and revenue Expenses-program Expenses-support Total expenses Change in net assets Net assets beginning of year Net assets end of year $ Total 414,400 $ 0 x 0 x 0 x 296,000 (296,000) 4,440,000 x 118,400 x 4,558,400 x 0 % 0 0 x 0 x 0 0 x 0 x 0 0x 0 x 0 x 0 x 0 % 0 x 0 x 0 x $ 0 x $ 0 x Statement of Financial Position Cash $ 0 x Investments 3,552,000 Contributions receivable 0 x Total current assets 0 x Property plant and equipment, net 0 % Total assets $ 0 x Payables 0% Total current liabilities 0 x Long-term liabilities 0x Total liabilities 0 x Net assets-without donor restrictions 0 x Net assets-with donor restrictions Total net assets 0 x 0 x Total liabilities and net assets $ 0 x