Financial Management of Health Care Organizatios, 4th Edition Zelman, McCue, Glick, Thomas: Chapter 3-11: Transactions Plus Multiple Statements: List and record each transaction for the Claymont Outpatient Clinic, under the accrual basis of accounting, at December 31, 20X1. Then Develop a balance sheet as of December 31, 20X1, and a statement of operations for the year ended December 31, 20X1 a) Clinic Received a $10,000,000 unrestricted cash contribution from the community (hint: this ransaction increases the unrestricted net assets account) b) the clinic purchased $4,500,000 of equipment. The clinic paid cash for equipment. e) the clinic borrowed $2,000,000 from the bank on a long-term basis d) the cline purchased $550,000 of supplies on credit e) the clinic provided $8,400,000 of services on credit In the provision of these services, the clinic used S420,000 of supplies g) the clinic received $800,000 in advance to care for capitated patients h) the clinic incurred $4,500,000 in labor expenses and paid cash for them ) the clinic incurred $2,230,000 in general expensed and paid cash for them the clinic received $6,000,000 from patients and their third parties in payment of outstanding accounts k) the clinic met $440,000 of its obligation to capitated patients (transaction g) L) the clinic made a $400,000 cash payment on the long-term loan m) the clinic also made a cash interest payment of S40,000 n) A donor made a temporary restricted donation of S370,000, which is set aside in temporary investments o) the clinic recognized $400,000 in depreciation for the the year. p) the clinic estimated that S850,000 of patient accounts would not be received, and established a provision for bad debt