Urban Hospice $($UH$)$ is a not for profits' organization. It receives some funding from the government but most of its funding comes from donations and bequests. It uses the deferral method to account for contributions and an encumbrance system to control expenditures. For simplicity, UH accounts for all of its activities through an operational fund.

UH had provided the following transactions for the current year:

a$.$ At the beginning of the year, UH unexpectedly received $$900,000$ from the government to purchase three monitoring machines. UH immediately purchased the machines. Since UH purchased the machines as soon as the funds were received, it did not prepare a purchase order for them. At the end if the year, UH took depreciation of $$180,000$ on the machines.

b$.$ UH's annual Christmas fundraising gala generated $$2,945,000$ in cash and $$550,000$ in pledges. Based in previous years experience, UH estimates that $90\%$ off the pledges will be collected in the first $3$ months of the following year.

c$.$ The government had granted UH's application for $$960,000$ in operating funds. By UH's year end, all funds had been received except for $$80,000$ which was received a month after the year end.

d$.$ Invoices totaling $$2,000,000$ were received for goods and services. UH had paid $87\%$ of the invoiced amount by year end. Purchase orders for $$1,680,000$ had been issued for these goods and services.

e$.$ The family of a late UH patient donated $$200,000$ to UH on the condition that it will be invested in bonds or dividend producing marketable securities$.$ There is an additional stipulation that only the investment income can be used for operating expenditures.

Required:

Prepare the necessary journal entries for the transactions above.