Q6. (10 marks) The following information belong to Women Care Nonprofit Organization: Statement of Financial Position (ending 31 Dec 2018) Assets Amount ($) Liabilities & Net Assets Current assets 50,000 Liabilities Amount (S) 102,000 Non-current assets 220,000 Net Assets Unrestricted Temporary Rest Permanently Rest 125,000 23,000 20,000 Total assets 270,000 Total liabilities & net assets 270,000 Trial Balance (from 1 Jan 2019 - 31 Dec 2019) Dr. Cr. 90,000 79,000 11,000 12,000 75,000 Contributions - temporarily restricted Contributions - unrestricted Membership dues - unrestricted Program fees - unrestricted Fundraising events - temporarily restricted Grants- unrestricted Investments (government bonds) Investment income - temporarily restricted (10%) Gain on sale of investments - temporarily restricted Program expenses - unrestricted Management and general expenses - unrestricted Statistical discrepancy Fundraising expenses - temporarily restricted 2,000 72,000 1,400 77,000 60,000 72,600 140,000 349,600 349,600 Note: a. Fundraising expenses include 25 % from contributions, 50 % from fundraising events, and the remaining from the investment income. (round all the figures) b. Depreciation expense on the noncurrent assets is at 35 % pa. Prepare statement of activities and the statement of financial position ending 31 Dec 2019