7. A depreciation schedule was prepared, showing annual depreciation expense of $46,000, which was recorded. Depreciation of $20,000 was for equipment donated or purchased with donated cash. 8. Two...

7. A depreciation schedule was prepared, showing annual depreciation expense of $46,000, which was recorded. Depreciation of $20,000 was for equipment donated or purchased with donated cash.

8. Two years ago, the will of an agency volunteer granted $75,000 for the acquisition and installation of theater equipment, providing the organization acquired a new building. The amount now was expended in accordance with the stipulations of the will, and payment of $75,000 was made.

9. The account payable of $9,000 mentioned in item (2) was paid.

Prepare journal entries to record the preceding events.