QUESTION 25

Cancer Educators, a not-for-profit organization, incurred costs of $20,000 when it combined program functions with fund-raising functions. Which of the following cost allocations might Cancer report in its statement of activities?

1. Program $0, Fund Raising $16,000, and General $4,000
2. Program $0, Fund Raising $0, and General $20,000
3. Program $16,000, Fund Raising $2,000, and General $2,000
4. Program $10,000, Fund Raising $10,000, and General $0