A donor pledges $100,000 on December 15, 2018 to be paid in one amount to Columbia University. No donor restrictions were applied. The contribution is to be received four years from the pledge. If the present value of $1 at 3 percent is 0.8885, the journal entry to record the pledge would include: A. Debiting contributions receivable, $88,850. B. Crediting contributions—with donor restrictions, $100,000. C. Crediting discount of pledges, $11,150. D. Debiting net assets—without donor restrictions, $100,000.