The following are selected transactions of the Easter Kidney Association, which uses the restricted fund method and has an operating fund, a capital fund, and an endowment fund: O O O Pledges totaling $325,000 were received, of which $65,000 applies to the operations of the following year. It is estimated that 3% of pledges will be uncollectible. The association purchased office equipment at a cost of $5,100. Pledges of $285,000 were collected, and pledges totaling $3,750 were written off as uncollectible. Air time with a value of $7,200 was donated by a local radio station. Interest and dividends received were $13,700 on endowment fund investments. Endowment fund earnings are unrestricted. o Depreciation for the year amounted to $35,600. O O Required: Prepare journal entries for the transactions, indicating which fund will be used for each transaction. The following are selected transactions of the Easter Kidney Association, which uses the restricted fund method and has an operating fund, a capital fund, and an endowment fund: O O O Pledges totaling $325,000 were received, of which $65,000 applies to the operations of the following year. It is estimated that 3% of pledges will be uncollectible. The association purchased office equipment at a cost of $5,100. Pledges of $285,000 were collected, and pledges totaling $3,750 were written off as uncollectible. Air time with a value of $7,200 was donated by a local radio station. Interest and dividends received were $13,700 on endowment fund investments. Endowment fund earnings are unrestricted. o Depreciation for the year amounted to $35,600. O O Required: Prepare journal entries for the transactions, indicating which fund will be used for each transaction