Required: Record the following transactions on the books of Hope Hospital, which follows FASB (not-for-profit) and AICPA standards. The year is 2020. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) 1. Hope received $15,000 in cash from pledges made in the previous year that were unrestricted as to purpose but intended to be received and expended in 2020. 2. Hope received $31,000 in pledges that indicated the money would be received in 2021 . The donors imposed no restrictions other than it could be used for any purpose desired by the board. 3. Hope expended $40,000 for nursing training, using $33,000 of donor restricted resources received in 2019 for that purpose. 4. On June 15, 2020, Hope was awarded a $50,000 grant for cancer research by the U.S. Department of Agriculture. During 2020 , Hope had qualified expenses under the grant totaling $35,000. This is cost reimbursement, grant. 5. Hope received $270,000 in cash. The board decided to invest the funds for future plant expansion