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 operations, and

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

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Givens (in '000s) Provision for bad debt $23,800 Cash $30,000 Patient revenue (net of contractuals) $275,000 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 $119,000 Accumulated depreciation $35,000 Long-term investments $120,000 Ending balance, unrestricted net assets $269,500