C is corrent. The requirement is to identify the amount of contribution revenue that should be reported in the statement of activities. C is corrent because the unrestricted pledge and the cash gift both represent contribution revenue. The $10,000 has a donor-imposed condition; the individual must die for the amount to be received. Therefore, it is not recognized. A is incorrect because the unrestricted pledge and the cash gift both represent contribution revenue. B is incorrect because the unrestricted pledge and the cash gift both represent contribution revenue. D is incorrect because the unrestricted pledge and the cash gift both represent contribution revenue.
