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Entries for the Boston Clinic 2020 income statement are listed below. Use the data to prepare a properly formatted income statement. Depreciation expense $110,000 General

Entries for the Boston Clinic 2020 income statement are listed below. Use the data to prepare a properly formatted income statement.

Depreciation expense

$110,000

General & Administrative expenses

84,000

Interest expense

18,500

Investment income

10,200

Other operating revenue

24,600

Patient service revenue

640,400

Provision for bad debts

60,000

Purchased clinic services

120,800

Salaries and benefits

210,000

Contributions from donors

40,000

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