i. Dividends of $10,000 on the stock in item (h) were received and were also restricted for construction projects. j. Depreciation on the building received in item (f) totaled $25,000. 1. Prepare...

i. Dividends of $10,000 on the stock in item (h) were received and were also restricted for construction projects.

j. Depreciation on the building received in item (f) totaled $25,000.

1. Prepare journal entries to record these events for Kronke Private University. Assume that fund accounting is not used.

2. Prepare a statement of activities for the period ended June 30, 2018.