Restricted net position for a governmental college or university is commonly subclassified for

designated net position.

reserved net position.

nonexpendable net position.

net investment in capital assets.

During the years ended June 30, 20X5, and 20X6, a nongovernment Other Non-Profit Organization (ONPO) conducted a

cancer research project financed by a $2,000,000 restricted gift. This entire amount was pledged by the donor on July 10,

20X3, although he paid only $500,000 at that date. During the two-year research period, the ONPO-related gift receipts and

research expenses were as follows:

20X5 20X6

Gift Receipts $700,000 $800,000

Cancer research expenses $900,000 $1,100,000

How much contributions revenue with donor restrictions should the ONPO report in its Statement of Activities for the year

ended June 30, 20X6?

$0

$800,000

$1,100,000

$2,000,000

Cura Foundation, a nongovernment VHWO supported by contributions from the general public, included the following costs in

its Statement of Functional Expenses for the year ended December 31, 20X6:

Fundraising $800,000, Administrative $500,000, Research $200,000

Curas functional expenses for 20X6 program services were

1,500,000

$800,000

$500,000

$200,000