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59 Please use the following information to answer the next questions about the Madison Walk-In Clinic Income statement. Contributions $10,000 Depreciation $35,000 Expenses: Insurance $20,000

59 Please use the following information to answer the next questions about the Madison Walk-In Clinic Income statement.

Contributions

$10,000

Depreciation

$35,000

Expenses:

Insurance

$20,000

Interest

$15,000

Investment Income

$15,000

Net Income

Net Patient Services Revenue

Nonoperating Income:

Operating Income

Other Revenue

$50,000

Patient Services Revenue (net of allowances and discounts)

$500,000

Premium Revenue

$200,000

Provision for Bad Debts

$5,000

Revenues:

Salaries and Benefits

$300,000

Supplies

$60,000

Total Expenses

Total Nonoperating Income

Total Revenues

59.

Create the Clinics Income Statement (filling in necessary figures)

60.

What was the Clinics Cash Flow?

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