United Charities annual fund-raising drive in 2016 raised pledges of $1,200,000 of which $800,000 were collected in 2016 and $200,000 were collected in 2017. United Charities estimates $150,000 of the remaining pledges will never be collected.

a. What is the increase in unrestricted net assets in 2016 as a result of the fund-raising drive?

b. What is the increase in temporarily restricted net assets in 2016 as a result of the fund-raising drive?

c. In 2017, what is the change in temporarily restricted net assets?

d. In a prior year, United Charities received a $125,000 gift to be used to acquire vans to provide transportation for physically challenged adults. During the current year, United acquired two vans at a cost of $75,000 each. What are the appropriate entry/entries to record the acquisition?