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Below is a list of accounts for Currie Hospital for December 2018 (annual amounts). Prepare a statement of operations for 2018 in good form. Account

Below is a list of accounts for Currie Hospital for December 2018 (annual amounts). Prepare a statement of operations for 2018 in good form.

Account

Amount

Administrative expenses

$80,000

Net assets released from temporarily restricted accounts for operations

120,000

Labor expense

260,000

Interest expense

12,000

Net patient service revenue

840,000

Supply expense

88,000

Transfer to parent corporation

10,000

Bad debt expense

40,000

Depreciation expense

50,000

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