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Given a text, write a compressed version of it in a single sentence.

The account description written in 1971 for the Ralph E. McDonald/Pedodontic Fund states "Expenditures of the fund shall be approved by the fund committee of six. All expenditures should be restricted to the Pedodontic area."
Output:
In 1971, an account written for Ralph E. McDonald/Pedodontic Fund states "Expenditures of the fund shall be approved by the fund committee of six".