.8. Given below are balance sheets as of December 31,2020 , and December 31, 2019, for James Hospital. Using the balance sheets and the additional information provided, complete the income statement of James Hospital for the year ended December 31 , 2020. Hint: It may be helpful to review the chapter supplement before completing this problem. Additional information: - James Hospital paid no dividends, and there were no other transactions affecting equity during 2020. - There were no collections during 2020 on accounts receivable outstanding at December 31,2019 , but all receivables are considered collectible. - There was no charity care or contractual discounts and allowances during 2020. - James Hospital purchases all medical supplies on account. - James Hospital did not purchase or sell any property, plant, and equipment during 2020