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The following is a list of selected account balances in the unrestricted operating fund for Pleasant School: Debit Credit Unrestricted Net Assets, July 1, 20X1

The following is a list of selected account balances in the unrestricted operating fund for Pleasant School:

Debit Credit
Unrestricted Net Assets, July 1, 20X1 $ 450,000
Tuition & Fees 1,290,000
Contributions 190,000
Auxiliary Activities Revenue 49,000
Investment Income (for current operations) 37,000
Other Revenue 37,000
Instruction $ 1,030,000
Auxiliary Activities Expenses 42,000
Administration 220,000
Fund-raising 26,000
Transfer from Temporarily Restricted Assets 155,000
Transfer from Permanently Restricted Assets 16,000

Required:

Prepare a statement of activities for Pleasant Schools unrestricted operating fund for the year ended June 30, 20X2.

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