Successful Grant Paul's Tree Service has successfully applied for a Green Space grant from the U.S. Forest Service.
Paul's will use this grant, \$100,000 per year for two years, to help fund its tree planting initiatives. In total, Paul's
expects to spend \$250,000 per year on this initiative, also for two years. Paul's has asked you whether any disclosures
are required related to its receipt of this grant. Respond to Paul's, citing guidance from the Codification as support.
Assume that Paul's Tree Service is a private business (not a not-for-profit entity).