3) Show entries in general journal form for the following transactions of Bothwell Regional Hospital, a not-for-profit hospital. 1) For the month just ended the hospital received in cash $8,000 from the hospital's gift shop sales, and received donated medicines with a fair value of $47,000. These medicines are of the type the hospital normally would purchase. 2) The hospital's finance officer, in compliance with the directive of the governing board, invested $600,000 of operating cash in certificates of deposit to be held for future purchases of equipment. 3) New fixed equipment costing $750,000 was purchased from money given the hospital in a prior year to be held until needed for equipment purchases. 4) A federal grant was received in cash in the amount of $400,000 to be used for heart research. During the current year only $50,000 was spent for this research program