Question

The following is an adjusted trial balance of the General Fundsof Barnes Nursing Home (non-profit).

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Barnes Nursing Home
Adjusted Current Funds Trial Balance
December 31, 2015
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​	Unrestricted			Restricted
Cash		300,000	​	107,000	​
Pledges Receivable		12,000	​	206,000	​
Accrued Interest Receivable.		1,000	​	​	​
Inventory of Supplies		120,000	​	​	​
Vouchers Payable		​	50,000	​	10,000
Accrued Expenses		​	25,000	​	​
Refundable Deposits		​	2,000	​	​
Allowance for Uncollectible		​	​	​	​
Pledges		​	3,000	​	​
Net Assets, January 1, 2015		​	​	​	​
Designated--Unrestricted		​	12,000	​	​
Undesignated--Unrestricted		​	26,000	​	​
Temporarily Restricted		​	​	​	3,000
Permanently Restricted		​	​	​	250,000
Contributions		​	200,000	​	50,000
Resident Service Revenue		​	415,000	​	​
Other Operating Revenue		​	20,000	​	5,000
Outreach Expenses		20,000	​	​	​
Nursing Services Expenses		100,000	​	​	​
Dietary Service Expense		100,000	​	​	​
General Service Expense		45,000	​	​	​
Financial Service Expense		60,000	​	​	​
Reclassification In--		​	​	​	​
Satisfaction of Program		​	​	​	​
Restriction		​	5,000	​	​
Reclassification Out--		​	​	​	​
Satisfaction of Program		​	​	​	​
Restrictions		​	​	5,000	​
​		758,000	758,000	318,000	318,000

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Required:

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Prepare a statement of activities and a statement of financialposition as of December 31, 2015.