Below you are provided Ending Balances from 2018 financial statements for your not-for-profit hospital 1- Complete the Journal Entries and Corresponding T account records that are provided to you in "Journal Entries" woksheet 2- By using the Information provided to you fill out Not-for-Profit Ledger including the beginning and ending balances 3 - by using the intormation provided to you and intormation that you generated in the ledger, prepare your balancesheet as of December 312019 by utilizing the BalanceSheet Template that you generated calculate your depreciation expense by using 3 different methods of depreciation methods --- Use the that you generated in the ledger, prepare your Income Statement as of December 312019 by utilizing the Income Statement Template.Hint: In your income statement use the 6- By using the information provided to you and information that you generated, prepare your Cash Flow statement as of December 312019 by utilizing the Statement of the Cash Flow Template. Hint: Please use the direct method for your Cash Journal Entries These are the transactions that took place during Fiscal Year 2019 Create a journal entry and a T-Account entry for each of the following transactions: 1 $1,000,000.00 worth of MR Machine is purchased with_Cash \begin{tabular}{|c|c|c|c|c|} \hline Accounts & & Debit & & Cre \\ \hline$50,000.00 worth of & Inventory & is purchased by & Cash & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|} \hline Accounts & Debit & Cr & \\ \hline 4 Wages & due to employees that had been previously recorded as a liability are now paid in & Cash & $200,000 \\ \hline \end{tabular} Accounts Receivablent Service Revenue Accounts Receivablt Cash Wages Payable Cash Prepaid Insurance Cash Inventory Cash \begin{tabular}{cc} \hline & \\ Prepaid Insurance & Cash \\ \hline & \\ Wages Payable & Cash \\ \hline & \\ Inventory nventory Expense \\ \hline \end{tabular} \begin{tabular}{l} Accounts Receivablt Cash \\ Cash Uortgage Payableterest Expense \\ \hline \end{tabular} Prepaid Insurance surance Expense Buildings and Equipmepreciation Expense Accounts Debit Credit PledgeReceivable/enue-Contributions NAME OF YOUR HOSPITAL Balance Sheet As of December 31, 2020 \begin{tabular}{|ll|} \hline ASSETS & LIABILITIES \& NET ASSETS \\ \hline Current Assets & \begin{tabular}{c} Liabilities \\ Current liabilities \end{tabular} \\ & Long-term liabilities \\ Fixed Assets & Net Assets \\ & \\ \hline TOTAL ASSETS & TOTAL LIABILITIES \& NET ASSETS \\ \hline \end{tabular} NAME OF YOUR HOSPIAL Operating Statement For the Year Ending December 31, 2020 Revenues Less Expenses NET INCOME NAME OF YOUR HOSPITAL Statement of Cash Flows For the Year Ending December 31, 2020 Cash Flows from Operating Activities Net Cash from Operating Activities Net Cash Used for Investing Activities Net Cash from Financing Activities NET INCREASE/(DECREASE) IN CASH CASH, BEGINNING OF YEAR CASH, END OF YEAR Asset Cost Salvage Value: Asset Life Depreciable Base Depreciable Base