Multiple Statements. The following are account balances at September 30, 20X1 for Shively Medical Center. Prepare:

(a) balance sheet;

(b) statement of operations; and

(c) statement of changes in net assets for September 30, 20X1.

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Inventory $10,000 Net Patient Revenues Gross Plant, Property, and Equipment Net Accounts Receivable $1,000,000 $755,000 $225,000 Ending Balance, Temporarily Restricted Net Assets $6,000 Wages Payable $25,000 Long-term Debt $445,000 Supply Expense $60,000 Net Assets Released from Temporary Restriction $12,000 Depreciation Expense $45,000 General Expense $200,000 Insurance Expense $35,000 Cash and Cash Equivalents $50,000 Transfer to Parent Corporation ($13,000) Beginning Balance, Unrestricted Net Assets $200,000 Accounts Payable $66,000 Beginning Balance, Temporarily Restricted Net Assets $18,000 Interest Expense $6,000 Labor Expense $400,000 Accumulated Depreciation $125,000 Long-term Investments Restricted $80,000 Ending Balance, Unrestricted Net Assets $453,000