Statement of Operations. The following are annual account balances as of September 30, 20X1 for Vantage Hospital. Prepare a statement of operations for the 12-month period ending September 30, 20X1.

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Net Patient Revenues $840,000 Transfer to Parent Corporation $10,000 Net Assets Released from Restriction for Operations $120,000 Depreciation Expense $50,000 Labor Expense $230,000 Interest Expense $12,000 Supply Expense $88,000