Below Are Balances Pertaining to the Activities of the Webster

Below are balances pertaining to the activities of the Webster Center for the Performing Arts, a private NFP organization, for the current year. All items affect net assets without donor restrictions.
$$\begin{array} { | l | r | } \hline \text { Box office receipts } & \$ 17,500,000 \\\hline \text { Theater revenues } & 11,000,000 \\\hline \text { Contributions and spedial event receipts } & 800,000 \\\hline \text { Interest expense } & 25,000 \\\hline \text { Theater expenses } & 29,000,000 \\\hline \text { General and admin istrative expenses } & 2,600,000 \\\hline \text { Education and community programming expenses } & 980,000 \\\hline \text { Fundraising expenses } & 525 , 000 \\\hline \text { Net assets released from restrictions } & 3,000,000 \\\hline \text { Un realized losses on investments } & 50,000 \\\hline \text { Investment income } & 675,000 \\\hline\end{array}$$ Required
Prepare the year's statement of activities for the Webster Center for the Performing Arts, in good form. In its statement of activities, the Center displays an operating and nonoperating section and reports expenses functionally.