The Bob Buckham Senior Center,a Not-For-Profit Entity,serves a Hot Meal $\quad$

The Bob Buckham Senior Center,a not-for-profit entity,serves a hot meal to senior citizens every Friday evening.All the food is donated by a local supermarket.All the food preparation and serving is done by local volunteers.If the Center had to pay for the food,it would need to spend $10,000 a year.If it had to pay for the food preparation and service,it would need to spend $12,000 a year.How should it report these contributions in its financial statements? Food $\quad$ Food preparation and service
a. $\quad$$\quad$ Disclose in the notes Disclose in the notes
b. $\quad$$\quad$ Disclose in the notesReport $\$ 12,000$ revenue and expense
c. $\quad$$\quad$ Report $\$ 10,000$ rev enue and expenseDisclose in the notes
d. $\quad$$\quad$ Report $\$ 10,000$ rev enue and expenseReport $\$ 12,000$ rev enue and expense