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A hospital reports the following information: Estimated bad debtsnon-charity patients $ 500,000 Contractual adjustmentsthird party payors 1,000,000 Direct gross billings to non-charity patients 5,000,000 Gross
A hospital reports the following information:
| Estimated bad debtsnon-charity patients | $ 500,000 |
| Contractual adjustmentsthird party payors | 1,000,000 |
| Direct gross billings to non-charity patients | 5,000,000 |
| Gross billings to insurance companies and Medicare/Medicaid | 17,000,000 |
| Charity care, estimated billing value | 2,000,000 |
| Charity care, cost | 1,200,000 |
Net patient service revenue, as reported on the hospital's statement of activities, is:
| A. | $16,500,000 | |
| B. | $21,000,000 | |
| C. | $23,000,000 | |
| D. | $22,500,000 |
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