A Nonprofit Hospital, the Ruth Clark Hospital Established a Fundraising

A nonprofit hospital, the Ruth Clark Hospital established a fundraising Foundation at the beginning of its calendar year. By the end of the year, the Foundation had raised $750,000 in cash-$600,000 of which was restricted by donors to acquire a new building and $150,000 of which was unrestricted. How should the Ruth Clark Hospital report its interest in the Hospital Foundation and the contributions it received at the end of the first year?

A) As Cash of $750,000, Gains without donor restrictions of $150,000, and Gains with donor restrictions of $750,000
B) As Interest in Hospital Foundation of $750,000, Gains without donor restrictions-change in interest in net assets of Hospital Foundation of $150,000, and Gains with donor restrictions-change in net assets of Hospital foundation restricted to capital acquisitions of $600,000
C) It should not report the contributions; the Hospital Foundation is a separate entity
D) As Cash of $750,000, Net assets without donor restrictions of $150,000, and Net assets with donor restrictions of $600,000