A Wealthy Citizen Provided in Her Will for a Gift

A wealthy citizen provided in her will for a gift of cash and other assets to the City.Her will specified that the gift was to be kept intact and that the earnings from the gift were to be used to support public parks.At the time of the donation, the gift had a book value in the hands of the donor of $300,000 and a fair value of $500,000.When recording this gift the City would credit

A) Contributions revenues $500,000.
B) Other financing sources-contributions $500,000.
C) Contributions revenues $300,000.
D) Other financing sources-contributions $300,000.