Would you please provide the step by step solution for Chapter 14 22EP?

I am hoping this is better upload quality. I am needing help with the step by step solution for the required A-E in the last picture.

menen X com/homework-help/comprehensive set-transactions-city-lynnwood-recently-incorp-chapter-14-prob le S... Tyler SIS 360 A Log in to Canvas GLO-BUS J MyCulver Free APA Citation G... gg Study Textbook Solutions Expert Q&A Practice Chapter 14. Problem 22EP Bookmark Show all steps ON company. The furniture has an estimated useful life of 10 years. Furniture and equipment are considered net assets without donor restrictions by INVOLVE 6. Telephone expense for the year was $5,200. printing and postage expense was $12,000 for the year, utilities for the year were $8,300, and supplies expense was $4,300 for the year. At year-end, an immaterial amount of supplies remained on hand and the balance in accounts payable was $3,600 7. Volunteers contributed $15,000 of time to help with answenng the phones, mailing materials, and various other clerical activities 8. It is estimated that 90 percent of the pledges made for the 2021 year will be collected Depreciation expense is recorded for the full year on the assets recorded in item 5. 9. All expenses were allocated to program services and support services in the following percentages public health education, 35 percent community service 30 percent management and general. 20 percent, and fundraising 15 percent 10. Net assets were released to reflect satisfaction of state grant requirements that the grant resources be used for public health education program purposes 11 All nominal accounts were closed to the appropriate net asset accounts Required a lake all necessary ouma entries to record these transactions Expense transactions should be initially recorded by object classification in ently expenses will be allocated to functions Prepare a statement of activities for the year ended December 3 2020 tamen X .com/homework-help/comprehensive-set-transactions-city-lynnwood-recently incorp chapter-14-prot lle. Tyler SIS 360 Log in to Canvas GLO-BUS J MyCulver Free APA Citation G... gg Study Textbook Solutions Expert Q&A Practice Chapter 14, Problem 22EP Bookmark Show ali steps ON Required a Make all necessary journal entries to record these transactions. Expense transactions should be initially recorded by object classification, in entry 9. expenses will be allocated to functions. b. Prepare a statement of activities for the year ended December 31, 2020 c. Prepare a statement of financial position for the year ended December 31, 2020 d Prepare a statement of cash flows for the year ended December 31, 2020 e Prepare a schedule of expenses by nature and function for the year ended December 31 2020 Step-by-step solution The Ask an expert menen X com/homework-help/comprehensive set-transactions-city-lynnwood-recently-incorp-chapter-14-prob le S... Tyler SIS 360 A Log in to Canvas GLO-BUS J MyCulver Free APA Citation G... gg Study Textbook Solutions Expert Q&A Practice Chapter 14. Problem 22EP Bookmark Show all steps ON company. The furniture has an estimated useful life of 10 years. Furniture and equipment are considered net assets without donor restrictions by INVOLVE 6. Telephone expense for the year was $5,200. printing and postage expense was $12,000 for the year, utilities for the year were $8,300, and supplies expense was $4,300 for the year. At year-end, an immaterial amount of supplies remained on hand and the balance in accounts payable was $3,600 7. Volunteers contributed $15,000 of time to help with answenng the phones, mailing materials, and various other clerical activities 8. It is estimated that 90 percent of the pledges made for the 2021 year will be collected Depreciation expense is recorded for the full year on the assets recorded in item 5. 9. All expenses were allocated to program services and support services in the following percentages public health education, 35 percent community service 30 percent management and general. 20 percent, and fundraising 15 percent 10. Net assets were released to reflect satisfaction of state grant requirements that the grant resources be used for public health education program purposes 11 All nominal accounts were closed to the appropriate net asset accounts Required a lake all necessary ouma entries to record these transactions Expense transactions should be initially recorded by object classification in ently expenses will be allocated to functions Prepare a statement of activities for the year ended December 3 2020 tamen X .com/homework-help/comprehensive-set-transactions-city-lynnwood-recently incorp chapter-14-prot lle. Tyler SIS 360 Log in to Canvas GLO-BUS J MyCulver Free APA Citation G... gg Study Textbook Solutions Expert Q&A Practice Chapter 14, Problem 22EP Bookmark Show ali steps ON Required a Make all necessary journal entries to record these transactions. Expense transactions should be initially recorded by object classification, in entry 9. expenses will be allocated to functions. b. Prepare a statement of activities for the year ended December 31, 2020 c. Prepare a statement of financial position for the year ended December 31, 2020 d Prepare a statement of cash flows for the year ended December 31, 2020 e Prepare a schedule of expenses by nature and function for the year ended December 31 2020 Step-by-step solution The Ask an expert