The Evangelical Private School follows FASB standards of accounting and reporting.

Cash contributions were received as follows: $($a$)$ $$974,000$ for any purpose desired by the school; $($b$)$ $$304,000$ designated by donors for salary supplements for school faculty; $($c$)$ $$431,000$ designated by donors to be used during the next fiscal year in any manner desired by the school; $($d$)$ $$569,000$ designated by donors for the construction of a new auditorium; and $($e$)$ $$426,000$ designated by donors to be invested permanently, with the income to be used as desired by the school. The school$$s policy is to record all restricted gifts as with donor restrictions and then reclassify when the restriction is lifted.

The school expended $$360,000$ of the $$974,000$ mentioned in $1($a$)$ for school furniture.

The school expended the $$283,600$ for salary supplements as directed by the donor in $1($b$).$

The $$431,000$ in $1($c$)$ was retained for use next year, as directed by the donor.

$$749,000$ was expended for the construction of the new auditorium.

The $$426,000$ mentioned in $1($e$)$ was invested permanently, as directed by the donor, and in the year ended June $30,2024,$ the school received interest of $$20,235,$ none of which was expended.

Required:

Record journal entries for the above transactions during the year ended June $30,2024.$