Multiple statements. The following are account balances (in thousands) at September 30, 20X1, for Upper Merion...

Multiple statements. The following are account balances (in thousands) at September 30, 20X1, for Upper Merion Hospital. Prepare (a) a balance sheet, (b) a statement of opera- tions, and (c) a statement of changes in net assets for September 30, 20X1. Givens (in ’000s) Provision for bad debt-23,800, Cash -30,000,Patient revenue (net of contractuals-275,00, Net accounts receivable -42,100,Ending balance, temporarily restricted net assets -15,900,Wages payable-6,500, Inventory-2,800, Long-term debt-143,000, Supply expense-55,000, Gross plant, property, and equipment -290,000,Net assets released from temporary restriction -2,100,Depreciation expense -13,000,General expense-19,000- Transfer to parent corporation -(2,800),Beginning balance, unrestricted net assets-234,000, Accounts payable -15,000, Beginning balance, temporarily restricted net assets-18,000, Interest expense-9,000,Labor expense -119,000Accumulated depreciation -35,000,Long-term investments-120,000 Ending balance, unrestricted net assets 269,500

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