Exercise 11 (LO 11) Health care, statement of activities. Recover Rehabilitation Hospital has the following balances that are extracted from its December 31, 2019, trial balance:

Account	Debit	Credit
Nursing Services Expense. . . . . . . . . . Professional Fees Expense. . . . . . . . . . . . . . . . . . . . . . . General and Administrative Expense . . . . . . . . . . . . Depreciation Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Asset Whose Use Is Limited . . . . . . . . . . . . . . . . . . . . . Repairs and Maintenance Expense . . . . . . . . . . . . . . . . Provision for Uncollectible Accounts . . . . . . . . . . . . . . Contractual Adjustments . . . . . . . . . . . . . . . . . . . . . . . . . Patient Service Revenues. . . .. . . . . . . . . . .. . . . . . . . Seminar Income.. . . .. . . . . . . . . . .. . . . . . . . Child Day Care Income. . . .. . . . . . . . . . .. . . . . . . . Parking Fees. . . .. . . . . . . . . . .. . . . . . . . Endowment IncomeTemporarily Restricted. . . . . . Interest IncomeUnrestricted . . . . . . . . . . . . DonationsTemporarily Restricted . . . . . . . . . Gains (Distributable) on Sale of EndowmentsTemporarily Restricted. . . . . .. Net AssetsUnrestricted (January 1, 2019). . . . . . . . Net AssetsTemporarily Restricted (January 1, 2019). . Net AssetsPermanently Restricted (January 1, 2019).	230,000 140,000 250,000 60,000 13,000 55,000 210,000 14,000 16,000	840,000 23,000 15,000 3,500 220,000 3,000 38,000 66,000 900,000 855,000 850,000

From the above information, prepare a statement of activities for the year ended December 31, 2019.

Use the stament of activities template below to respond the question:

Exercise 19-11
	Recover Rehabilation Hospital
	Statement of Activities
	For Year Ended December 31, 2019
		Temporarily	Permanently
	Unrestricted	Restricted	Restricted	Total
Patient Service Revenue (net of contractual adjustments
Other opertaing revenues:
Seminar Income
Child Day Care Income
Parking fees
Total other operating revenue	0	0	0	0
Toal operating Revenue	0	0	0	0
Operating Expenses:
Nursing services
Professional fees
General and administrative
Depreciation Expense
Interest Expenses
Repairs and Maintenance
Provision for uncollectibles
Total Operating Expenses	0	0	0	0
Loss from Operations	0	0	0	0
Nonopertaing Revenue:
Interest Income
Donations
Exdowment income
Gains on sale of endowments
Total nonoperating revenue	0	0	0	0
Change in net assets	0	0	0	0
Net assets, January 1, 2019
Net assets, December 31, 2019	0	0	0	0