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  3. presented below is a partially completed statement

Presented below is a partially completed Statement of Activities for a homeless shelter. Complete the...

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Accounting

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Presented below is a partially completed Statement of Activities for a homeless shelter. Complete the Statement of Activities by filling in any missing amounts. CENTERVILLE AREA HOMELESS SHELTER Statement of Activities For the Year Ended December 31, 2017 Unrestricted Temporarily Restricted Permanently Restricted Total Revenues Contribution revenues $ 1,569,490 Net assets released from restriction 0 (29,000) (29,000) Total Revenues 0 0 1,569,490 1,059,800 316,800 Expenses Temporary shelter program Self-sufficiency program Fund-raising Administration Total Expenses 7,300 0 0 0 71,120 1,455,020 114,470 Increase in Net Assets 6,450 Net assets January 1 94,000 21,000 115,000 $ 14,020 1,400 15,420 $ 13,050 19,500 $ 35,450 149,920 Net assets December 31 $

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