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Create a statement of operation for Chester Springs Hospital Note: Not all of the givens may...

Create a statement of operation for Chester Springs Hospital

Note: Not all of the givens may be used.

Givens (in '000s) For the Year Ended September 30, 20x1

Bad debt expense $10,200

Cash $14,300

Net patient revenues $198,700

Net accounts receivable $26,400

Wages payable $10,500

Inventory $3,800

Long-term debt $27,000

Supply expense $25,000

Gross plant, property, and equipment $130,000

Parking revenue $1,200

Depreciation expense $11,300

General expense $48,000

Taxes ($1,400)

Accounts payable $4,800

Interest expense $1,400

Labor expense $93,000

Accumulated depreciation $40,000

Long-term investments $104,800

Expert Solution

jeff jeffy answered 2 months ago

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