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A private not-for-profit health care entity has the following account balances: Revenue from newsstand $ 39,000 Amounts charged to patients 690,000 Interest income 19,000 Salary

A private not-for-profit health care entity has the following account balances:

Revenue from newsstand $ 39,000
Amounts charged to patients 690,000
Interest income 19,000
Salary expensenurses 89,000
Provision for bad debts 10,000
Undesignated gifts 69,000
Contractual adjustments 99,000

What is reported as the organizations net patient service revenue?

Multiple Choice

  • $690,000

  • $581,000

  • $591,000

  • $759,000

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