During 2020, the following transactions were recorded by the Port Hudson Community Hospital; a private sector not-for-proft institution 1 Gross charges for patient services, all charged to Patient Accounts Receivable, amounted to $1,870,000 Estimated contractual adystments with third-party payors amounted to $510,000 and the Hospital estimated implicit price concessions would total $17,000 2 Charity services, not included in transaction 1, would amount to $80,000, had biltings been made at gross amounts 3 Other revenues, received in cash, were parking lo, $27,000, cafeteria, $45,500, gift shop, $8,500 4 Cash gifts restricted by the donor for programs amounted to $31,950 for the year Duting the year, $62,600 was expended for techniclan salares supporting the program idenufied by the donor (debit Operating Expense-Salaries and Benefits) 5. Mortgage bond payments amounted to $61,200 for principal and $36,400 for interest Assume unrestricted resources are used 6 Ouring the year, the hospital recelved, in cash, untestricted contributions of $51,800 and unrestricted income of $43,750 from endowment investments (It is the hospital's practice to treat unrestricted gifts as nonoperating income) 7 New equipment, costing $166,000, was acquired, using donot-restricted cash that was on hand at the beginning of the year. 8 An old piece of iob equipment that originally cost $120,000 and that had an undepreciated cost of $24,000 was sold for $14,000 cash 9. At the end of 2020 , pledges (restricted as to purpose) wete received in the amount of $130,000 These are intended to be received and expended in 2021 10. Cash contributions were received from donors resticted for plant acquisition, $221,000 11. Billswere received for the following items Uuities $148,100 and insurance $85,600 These will be paid in January of 2021 12. Depreciation of plant and equipment amounted to $201,000 13 Cash payments on accounts payable amounted to $186,900 Another $816,100 was expended on wages and benefits 14. Cash collections of patient accounts recelvable amounted to $1,94,000 These were in settlement of patient accounts totaling $1,622,000 Contractual adjusiments associated with these totaled $414,000 and pice concessions totaled $14,000 15 Closing entries were prepated Required: a. Record the transactionsin the general journal of the Pot 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 Hospitat for the year ended December 31,2020 Assume beginning net assets are $7,105,000