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How much is included in the unrestricted net assets

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Question - Doggy Organization, a non-profit entity, disclosed the following in its 20x1 notes to the financial statements:

Received shares valued at 8,000,000 to be retained with the dividends used to support current operations.

Net resources of 4,000,000invested in plant assets.

Received equipment valued at 20,000,000 which is to be sold with the proceeds used to renovate the children's playground.

Board-designated funds of 2,400,000.

Received 80,000 cash from a donor who did not specify any, use restrictions on the contribution; however, the donor specified that the donation should not be used until 20x2.

Received 3,200,000 from a donor who stipulated that the contribution shall be invested indefinitely and that the earnings shall be used for scholarships. Investment income in 20X1 amounted to 200,000.

Required - How much is included in the unrestricted net assets?

Reference no: EM133187097

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