A private not-for-profit hospital provides medical care for a variety of patients. The following activities occurred in the first quarter of 2020. a. A local doctor volunteered patient care services to the hospital for quarter to help cover the maternity leave for another doctor. The value of those services was $50,000. b. The hospital paid salaries for the quarter of $1,500,000. C. The hospital paid operating expenses of $1,000,000 for the quarter. d. The hospital hired an architect to draw blueprints for the cancer treatment center and received an paid a bill for $50,000 for work completed on the blueprints. Required: 1. Prepare journal entries for the transactions described above. 2. Prepare a Statement of Activities that reflects the changes in net assets for unrestricted, temporarily restricted, and permanently restricted net assets