Assume that RST uses the Restricted Fund Method of revenue r…
Assume that RST uses the Restricted Fund Method of revenue recognition and uses the following three funds: General Fund Scholarships Fund Endowment Fund The revenue related to 80% of the investment income restricted for scholarships flows through the Scholarship Fund along with related scholarship expenses. What is the maximum revenue that would be reported in the Endowment Fund in 2025? Show your calculations.