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. 1. Salaries and fringe benefits were allocated to program services and supporting services in the following percentages: counseling services, 30 percent; professional training, 20 percent; community service, 10 percent; management and general, 20 percent; and fund-raising, 20 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. 2. The organization had $170,814 of cash on hand at the beginning of the year. During the year, the center received cash from contributors: $306,400 that was unrestricted and $39,200 that was restricted for the purchase of equipment for the center. It had $10,300 of income earned and received on long-term investments. The center spent cash of $289,510 on salaries and fringe benefits, $33,000 on the purchase of equipment for the center, and $87,604 for operating expenses. Other pertinent information follows: net pledges receivable increased $4,700, inventory increased $2,100, accounts payable decreased $106,094, and there were no salaries payable at the beginning of the year. b. Prepare a statement of expenses by nature and function for the year ended June 30,2023. 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. 1. Salaries and fringe benefits were allocated to program services and supporting services in the following percentages: counseling services, 30 percent; professional training, 20 percent; community service, 10 percent; management and general, 20 percent; and fund-raising, 20 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. 2. The organization had $170,814 of cash on hand at the beginning of the year. During the year, the center received cash from contributors: $306,400 that was unrestricted and $39,200 that was restricted for the purchase of equipment for the center. It had $10,300 of income earned and received on long-term investments. The center spent cash of $289,510 on salaries and fringe benefits, $33,000 on the purchase of equipment for the center, and $87,604 for operating expenses. Other pertinent information follows: net pledges receivable increased $4,700, inventory increased $2,100, accounts payable decreased $106,094, and there were no salaries payable at the beginning of the year. b. Prepare a statement of expenses by nature and function for the year ended June 30,2023