Show your work and steps to receive credit.

Required information [The following information applies to the questions displayed below.] The Kare Counseling Center was incorporated as a not-for-profit voluntary health and welfare organization 10 years ago. Its adjusted trial balance as of June 30, 2020, follows. Credits Debits $115,700 42,200 $ 5,300 4,000 190,000 222,000 Cash Pledges Receivable-Without Donor Restrictions Estimated Uncollectible Pledges Inventory Investments Furniture and Equipment Accumulated Depreciation-Furniture and Equipment Accounts Payable Net Assets Without Donor Restrictions Net Assets With Donor Restrictions-Programs Net Assets With Donor Restrictions-Permanent Endowment Contributions-Without Donor Restrictions Contributions-With Donor Restrictions-Programs Investment Income-Without Donor Restrictions Net Assets Released from Restrictions-With Donor Restrictions Net Assets Released from Restrictions-Without Donor Restrictions Salaries and Fringe Benefit Expense Occupancy and Utility Expense Supplies Expense Printing and Publishing Expense Telephone and Postage Expense Unrealized Gain on Investments Depreciation Expense Totals 126,000 21,720 197, 700 51,700 152,000 350,020 39, 300 10,400 34,000 34,000 289,610 39,600 8,140 5,390 4,700 3,200 36,000 $991, 340 $991, 340 1. Salaries and fringe benefits were allocated to program services and supporting services in the following percentages: counseling services, 40 percent; professional training, 20 percent; community service, 10 percent; management and general, 20 percent; and fund-raising, 10 percent. Occupancy and utility, supplies, printing and publishing, and telephone and postage expenses were allocated to the programs in the same manner as salaries and fringe benefits. Depreciation expense was divided equally among all five functional expense categories. 2. The organization had $171,314 of cash on hand at the beginning of the year. During the year, the center received cash from contributors: $306,000 that was unrestricted and $39,300 that was restricted for the purchase of equipment for the center. It had $10,400 of income earned and received on long-term investments. The center spent cash of $289,610 on salaries and fringe benefits, $34,000 on the purchase of equipment for the center, and $87,704 for operating expenses. Other pertinent information follows: net pledges receivable increased $4,600, inventory increased $2,200, accounts payable decreased $106,394, and there were no salaries payable at the beginning of the year. b. Prepare a statement of expenses by nature and function for the year ended June 30, 2020. KARE COUNSELING CENTER Statement of Expenses by Nature and Function Year Ended June 30, 2020 Program Services Counseling Professional Community Total Services Training Services All Services Supporting Services Management and General Fund-Raising Total Total Total Expenses $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0