Statement of Activities:
At 12-31-2017, The Halifax Fishing Museum, an other nonprofit organization (ONPO), had unrestricted cash of $ 25,000, building and land with a net book value of $ 210,000, and permanently restricted collections totaling $ 120,000. There were no liabilities. The Museum has two programs: Operation of a Fishing Museum and Educational Programs. During the year ended 12-31-2018 the Museum incurred the following transactions:
(1) Cash contributions to the Museum included (a) unrestricted $ 350,000, (b) restricted for educational programs $ 15,000 and (c) restricted by the donor for endowment purposes $ 50,000.
(2) Additional unrestricted cash receipts included $ 12,500 in fees from individuals and organizations using the Museum building as a meeting facility. Included in this is $ 2,000 for a meeting to be held in January 2019.
(3) Donors made pledges in the amount of $ 30,000 that were unrestricted as to purpose, but which are to be expended in 2019 due to a donor restriction. 10% are expected to be uncollectible.
(4) Incurred cash expenses:
Item	Total Amount	Portion for Museum Operations	Portion for Education Programs	Admin.
Utilities programs	40,000	35,000	5,000
Utilities administration	10,000			10,000
Salaries - programs	150,000	135,000	15,000
Salaries administration	50,000			50,000
Supplies programs	80,000	74,000	6,000
Supplies administration	2,000			2,000
	332,000	244,000	26,000	62,000
(5) Purchased land for future expansion to the adjoining lot in the amount of $ 50,000.
(6) Depreciation on the Museum building amounted to $ 45,000 and is allocated on the basis of square feet: $ 35,000 to Museum operations, $ 5,000 to Education Programs, and $ 5,000 to administration.
(7) Outstanding purchase orders for administrative supplies at 12-31-18 totaled $2,500
Required:
Prepare a Statement of Activities for the Museum for the year ended 12-31-2018.