A Not-For-Profit Hospital's Trustees Designate $600,000 of the Hospital's Unrestricted

A not-for-profit hospital's trustees designate $600,000 of the hospital's unrestricted resources for the future acquisition of equipment.The trustees tell the hospital comptroller to purchase a separate certificate of deposit for it.How should the hospital record and report this investment?

A) as an investment,the resources of which will be designated as restricted in the net assets section of the balance sheet
B) report the investment as "assets limited as to use," and report $600,000 of net assets as restricted net assets
C) report the investment as "assets limited as to use," and report $600,000 of net assets as unrestricted net assets
D) report the investment as "restricted" investments and report $600,000 of net assets as restricted net assets