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Consider the following financial statements for BestCare HMO, a not - for - profit managed care plan:BestCare HMO Statement of Operations and Change in Net

Consider the following financial statements for BestCare HMO, a not-for-profit managed care plan:BestCare HMO Statement of Operations and Change in Net Assets, Year Ended June 30,2015(in thousands)
\table[[Revenue:],[Premiums earned,$26,682],[Coinsurance,1,689],[Interest and other income,242],[Total revenues,\bar ($28,613)],[Expenses:],[Salaries and benefits,$15,154],[Medical supplies and drugs,7,507],[Insurance,3,963],[Provision for bad debts,19],[Depreciation,367],[Interest,385],[Total expenses,$27,395],[Net income,\bar ($1,218)],[Net assets, beginning of year,$,900],[Net assets, end of year,$2,118]]
\table[[\table[[BestCare HMO Balance Sheet,],[June 30,2015(in thousands)]]],[Assets:,],[Cash and cash equivalents,$2,737],[Net premiums receivable,821],[Supplies,387],[Total current assets,\bar (S3,945)],[Net property and equipment,\bar (S5,924)],[Total assets,\bar (S9,869)],[Liabilities and Net Assets:,],[Accounts payable-medical services,$2,145],[Accrued expenses,929],[Notes payable,141],[Current portion of long-term debt,241],[Total current liabilities,$3,456],[Long-term debt,$4,295],[Total liabilitics,$7,751],[Net assets (equity),$2,118],[Total liabilities and net assets,$9,869]]
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