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As of December 31, 2019, The Maine Lighthouse Museum had unrestricted cash of $52,000, building and land with a net book value of $145,000, and donor restricted permanent collections totaling $ 140,000. There were no liabilities. The Museum has two programs: Operation of a Fishing Museum and Educational Programs. During the year ended December 31, 2020 the Museum incurred the following transactions:(1) Cash contributions to the Museum included (a) unrestricted $421,000, (b) restricted for educational programs $45,000 and (c) restricted by the donor for endowment purposes $105,000.(2) Additional unrestricted cash receipts included $61,000 in fees from individuals and organizations using the Museum building as a meeting facility. Included in this is $9,000 for a meeting to be held in January 2019.(3) Incurred cash expenses:

Item	Total Amount	Portion for Museum operations	Portion for Education Programs	Admin.
Utilities - Programs	$54,000	26,000	28,000
Utilities - Admin	20,700			20,700
Salaries - Programs	136,500	112,000	24,500
Salaries - Admin	41,000			41,000
Supplies Programs	83,100	70,000	13,100
Supplies Admin	7,000			7,000

Total 342,300 208,000 65,600 68,700

(4) Purchased land for future expansion to the adjoining lot in the amount of $35,000.(5) Depreciation on the Museum building amounted to $55,000 and is allocated on the basis of square feet: $40,000 to Museum operations, $5,000 to Education Programs, and $10,000 to administration.(6) Outstanding purchase orders for administrative supplies at 12-31-2020 totaled $2,000. Prepare a Statement of Activities and Changes in Net Assets for the Museum for the year ended 12-31-2020

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