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What amount of contribution revenue Haggerty College report

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Reference no: EM132480154

Question - During the year, Haggerty College received the following:

An unrestricted $125,000 pledge to be paid the following year.

A $40,000 cash gift restricted for scholarships.

A notice from a recent graduate that the college is named as a beneficiary of $20,000 in that graduate's will.

What amount of contribution revenue should Haggerty College report in its statement of activities?

Reference no: EM132480154

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