Consider the 2017 Financial Statements of 305 Memorial Hospital, which are provided in the appendix. The following transactions (k represents thousands of dollars) occurred in January 2018.

a. The hospital used and excess of "cash and cash equivalents" of $2,000k to prepay part of its "long-term debt".

b. The hospital was paid $5,000k in cash from a service provided on credit and reported under "net account receivables".

Use both transactions to complete the Balance Sheet for January 2018.

  

Revenues Net patient service revenue Premium revenue Other revenue Total revenue Expenses 305 Memorial Hospital Statement of Operations For the Periods Ending December 31, 2017 (In thousands of dollars) Labor Expense General Expense Supplies Expense Administrative Expense Insurance Expense Provision for uncollectibles Depreciation Interest expense Total expenses Excess of Revenue over Expenses Transfers to parent 2017 108,600 5,232 3,644 117,476 58,285 5,424 13,198 11,427 10,250 3,328 4,130 1,542 107,584 9,892 1,320