Wilson Center is a private not-for-profit voluntary health and welfare organization. During 2013. it received unrestrictedpledges of 5600000, 60 percent of which were payable in 2013, with the remainder payable in 2014 (for use in 2014). Officials estimate that 15 percent of all pledges will be uncollectible. at How much should Wilson Center report as contribution revenue for 2013? b. In addition, a local social worker, earning $20 per hour working for the state government. contributed 600 hours of timeto Wilson Center at no charge. Without these donated services, the organization would have hired an additional staffperson. How should Wilson Center record the contributed service?
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