At the beginning of 2020, a donor gives a private NFP organization equity securities with a fair value of $500,000. The donor states that the organization must retain the securities, and cash income from the securities must be used for specific program activities. During 2020, investment income from the securities is $15,000. The securities have a fair value of $504,000 at year-end. The organization has not spent any of the investment income by year-end. How is this information reported in the organization's statement of activities for 2020?
A)
B)
C)
D)
Correct Answer:
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