During $2020,$ the following transactions were recorded by the Port Hudson Community Hospital, a private sector not$-$for$-$profit institution:

Gross charges for patient services, all charged to Patient Accounts Receivable, amounted to $$1,920,000.$ Estimated contractual adjustments with third$-$party payors amounted to $$535,000$ and the Hospital estimated implicit price concessions would total $$22,000.$

Charity services, not included in transaction $1,$ would amount to $$90,000,$ had billings been made at gross amounts.

Other revenues, received in cash, were parking lot, $$32,000$; cafeteria, $$53,000$; gift shop, $$11,000.$

Cash gifts restricted by the donor for programs amounted to $$36,200$ for the year. During the year, $$71,600$ was expended for technician salaries supporting the program identified by the donor $($debit Operating Expense$$Salaries and Benefits$).$

Mortgage bond payments amounted to $$69,200$ for principal and $$42,400$ for interest. Assume unrestricted resources are used.

During the year, the hospital received, in cash, unrestricted contributions of $$58,800$ and unrestricted income of $$50,000$ from endowment investments. $($It is the hospital$$s practice to treat unrestricted gifts as nonoperating income.$)$

New equipment, costing $$176,000,$ was acquired, using donor$-$restricted cash that was on hand at the beginning of the year.

An old piece of lab equipment that originally cost $$170,000$ and that had an undepreciated cost of $$34,000$ was sold for $$19,000$ cash.

At the end of $2020,$ pledges $($restricted as to purpose$)$ were received in the amount of $$130,000.$ These are intended to be received and expended in $2021.$

Cash contributions were received from donors restricted for plant acquisition, $$263,000.$

Bills were received for the following items: Utilities $$154,600$ and Insurance $$89,600.$ These will be paid in January of $2021.$

Depreciation of plant and equipment amounted to $$216,000.$

Cash payments on accounts payable amounted to $$200,400.$ Another $$827,600$ was expended on wages and benefits.

Cash collections of patient accounts receivable amounted to $$1,204,000.$ These were in settlement of patient accounts totaling $$1,647,000.$ Contractual adjustments associated with these totaled $$424,000$ and price concessions totaled $$19,000.$

Closing entries were prepared.

Required:

a$.$ Record the transactions in the general journal of the Port Hudson Community Hospital.

b$.$ Prepare a Statement of Operations for the Port Hudson Community Hospital for the year ended December $31,2020.$

c$.$ Prepare a Statement of Changes in Net Assets for the Port Hudson Community Hospital for the year ended December $31,2020.$ Assume beginning net assets are $$7,180,000.$