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Question 30 Not yet answered Marked out of 1.00 A local museum just received a donation of two Picasso's from a local collector. The museum

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Question 30 Not yet answered Marked out of 1.00 A local museum just received a donation of two Picasso's from a local collector. The museum intends on showing and never selling these paintings. Assume that the museum has properly reported the receipt, what must they next do? (ignore FASB 116 - we are GASB) P Flag question Os would not put the receipt of a collectible on the books so no adjustment needed Obcollectibles Occapital asset and take depreciation Od loan from patron O e expenditure (since not selling)

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