Land Valued at $100,000 Was Donated to a Not-For-Profit Organization $\quad$

Land valued at $100,000 was donated to a not-for-profit organization. The donation came with no restrictions. The organization's management decided to hold the land for resale and use the proceeds to establish a reserve for future capital needs. Which of the following journal entries would be made on the date of donation? $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$$\begin{array}{lrr}&\text { Debit } & \text { Credit }\end{array}$
A)
$\begin{array}{lll}\text { Land Held for Resale } & \$ 100,000\\\text { Restricted Contributions }&& \$ 100,000 \\\end{array}$

B)
$\begin{array}{lll}\text { Land Held for Resale }&\quad \$ 100,000 \\\text { Capital Contributions }&& \$ 100,000 \\\end{array}$

C)
$\begin{array}{lcc}\text { Land Held for Resale } & \$ 100,000\\\text { Unrestricted Contributions }&& \$ 100,000 \\\end{array}$

D)
$\begin{array}{lcc}\text { Land Held for Resale }& \$ 100,000 \\\text { Temporarily Restricted Contributions} && \$ 100,000 \\\end{array}$