[The following information applies to the questions displayed below.] The Kare Counseling Center was incorporated as a not-for-profit organization 10 years ago. Its adjusted trial balance as of June 30, 2023, follows.

	Debits				Credits
Cash	$	119,300
Pledges ReceivableWithout Donor Restrictions		41,800
Estimated Uncollectible Pledges					$	4,900
Inventory		3,600
Investments		186,000
Furniture and Equipment		218,000
Accumulated DepreciationFurniture and Equipment						124,000
Accounts Payable						21,320
Net Assets Without Donor Restrictions						197,300
Net Assets With Donor RestrictionsPrograms						51,300
Net Assets With Donor RestrictionsPermanent Endowment						148,000
ContributionsWithout Donor Restrictions						349,620
ContributionsWith Donor RestrictionsPrograms						38,900
Investment IncomeWithout Donor Restrictions						10,000
Net Assets Released from RestrictionsWith Donor Restrictions		30,000
Net Assets Released from RestrictionsWithout Donor Restrictions						30,000
Salaries and Fringe Benefit Expense		289,210
Occupancy and Utility Expense		39,200
Supplies Expense		7,740
Printing and Publishing Expense		4,990
Telephone and Postage Expense		4,300
Unrealized Gain on Investments						2,800
Depreciation Expense		34,000
Totals	$	978,140			$	978,140

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.

The organization had $169,314 of cash on hand at the beginning of the year. During the year, the center received cash from contributors: $307,600 that was unrestricted and $38,900 that was restricted for the purchase of equipment for the center. It had $10,000 of income earned and received on long-term investments. The center spent cash of $289,210 on salaries and fringe benefits, $30,000 on the purchase of equipment for the center, and $87,304 for operating expenses. Other pertinent information follows: net pledges receivable increased $5,000, inventory increased $1,800, accounts payable decreased $105,194, and there were no salaries payable at the beginning of the year.

Required

Prepare a statement of activities for the year ended June 30, 2023. (Amounts to be deducted should be indicated with a minus sign.)

KARE COUNSELING CENTER