7. The following information pertains to interest received by Beech Public University from endowment fund investments for the year ended June 30, 2018: What amount should be credited to Endowment...

7. The following information pertains to interest received by Beech Public University from endowment fund investments for the year ended June 30, 2018:

What amount should be credited to Endowment Income for the year ended June 30, 2018?

a. $800,000

b. $375,000

c. $175,000

d. $100,000