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Fruits & Veggies, a nonprofit, conducts two types of programs: education and research. It does not use fund accounting. During the fiscal year, the following transactions and events took place. Prepare journal entries for these transactions, identifying increases and decreases by net asset classification as appropriate.

$1.$ Pledges amounting to amount pledged. $$240,000$ were received, to be used for any purpose designated by the trustees. Fruits & Veggies normally collects $90$ percent of the amount pledged.

$2.$ Fruits & Veggies collected $$228,000$ in cash on the amount pledged in the previous transaction. It wrote off the balance as uncollectible.

$3.$ Ed Victor donated $$6,000$ cash in the current fiscal year, stipulating that it could be used for any purpose, but only during the next fiscal year.

$4.$ Howard Gore donated $$810,000,$ stipulating that the donation must be used solely to purchase a building that Fruits & Veggies could use for research.

$5.$ Fruits & Veggies invested $$24,000$ of unrestricted resources in equity securities$.$ Earnings on these resources amounted to $$1,200$ in cash for the fiscal year.

$6.$ Late in the year, Fruits & Veggies used Howard Gore$$s donation $($see Transaction $4)$ and unrestricted resources of $$168,000$ to purchase a building for research purposes.

$7.$ The following services were donated to Fruits & Veggies:

a$.$ Consulting services by an accounting firm$$ $$6,000$

b$.$ Professional services by an advertising agency in connection with a fundraising campaign$$ $$3,600$

c$.$ Ushering services at educational meetings, provided by high school students. If paid for, these services would cost $$1,200$

$8.$ At year$-$end, the investments referred to in Transaction $5$ had a fair value of $$26,400.$

$9.$ Fruits & Veggies conducted a fundraising campaign, the donations to be used solely for research into the health benefits of asparagus. Donations totaled $$54,000$ in cash.

$10.$ The Board of Directors of Fruits & Veggies designated $$42,000$ for the acquisition of research equipment.

Note: Expenses and revenues are not recognized for item $7$c because ushering services does not require specialized knowledge or expertise.

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