4 (Note: Please prepare the statement of operations and the balance sheet following the examples in Fi Nowicki, p. 19 and 21.) Given the information below, please prepare: 1) a statement of operations (income statement) for Grey Sloan Memorial Hospital for the period ended Octob 2) a balance sheet for Grey Sloan Memorial Hospital on October 31, 20X2 Balance Sheet (BS) or BS/IS Income Statement (IS) Line Item: Amount ($000s) sssssssSSSSSSSSSSSSSSSSS BS Accounts payable $ 5,500 BS Accounts receivable $ 10,000 BS Accrued expenses payable $ 560 BS Accumulated depreciation 2,500 BS Bonds Payable (due 20X5) 8,600 BS Buildings and equipment 4,300 BS Cash (250) Daily patient services revenues 6,600 IS Deductions from patient services revenues 680 BS Deferred income 1,500 Depreciation expenses 640 BS Hospital Net assets, October 31, 20X1 630 BS IS Interest expenses Inventory 780 260 BS Land Nonoperating income BS Notes payable Other operating expenses 380 $ 1,760 1,460 1,200 Other operating revenues Other professional services revenues BS Prepaid Expense Salaries and wages expense Supplies expenses Utilities expenses 5,200 1,160 6,560 9,800 570 $ 550 Grey Sloan Memorial Hospital Statement of Operations (Income Statement), for the period ended Oct. 31, 20X2