Below is a list of accounts for Currie Hospital for December 2008 (annual amounts).
Prepare a statement of operations for 2008 in good form.
Account Amount Administrative expenses ...............$80,000
Net assets released from temporarily-restricted accounts for operations....120,000
Labor expenses .........................260,000
Interest expenses.........................12,000
Net patient service revenue......................840,000
Supply expenses..........................88,000
Transfers to Parent Corporation....................10,000
Bad debt expenses..........................40,000
Depreciation expenses .........................50,000