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The David Center for Music Appreciation is a not - for - profit organization that provides music education. Which of the following transactions would be

The David Center for Music Appreciation is a not-for-profit organization that provides music education. Which of the following transactions would be part of the organization's procurement process?
1) Borrowing funds from a local bank for expansion of the concert venue
2) Collecting fees from participants who enroll in the "Folk Music for Beginners" course
3) Paying weekly wages to instructors who teach the "Folk Music for Beginners" course
4) Purchasing snacks for participants in the "Folk Music for Beginners" course

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