g. Pledges with a present value of $200,000 to be paid over the next five years were received. The funds will be restricted for remodeling the building received in item (f). It is estimated that...

g. Pledges with a present value of $200,000 to be paid over the next five years were received. The funds will be restricted for remodeling the building received in item (f). It is estimated that $20,000 of the pledges will not be collected.

h. A donation of $500,000 of stock was made by a wealthy citizen. The stock cannot be sold for five years. After the 5-year period, the stock can be sold, and any proceeds are to be used to finance campus construction projects.