how would i adjust the income statement for #9 and #10

44 45 46 47 48 49 8 On December 31st the Labor Union negotiated amonthly bonus of 9 On July 1, the prices were raised by 7%. Charged based payors account for 26% of the NPSR and the average discount is 25% 10 Our lawyers settled a malpractice suit on December 30th for $200,000, half of the amount we had reserved 2 Income Statement 3 ABC Hospital, LTD 4 For the year ended December 31, 2020 5 6 Revenue: 2 Net Patient Service Revenue - NPSR $ 14,228,970 8 Other revenue 2,110,077 9 Total revenues 16,339,047 10 11 Expenses: 12 Salaries and wages - Non-union 3,899,671 13 Salaries and wages - Union 3,478,902 14 Employee benefits 1,457,253 15 Contract labor 205,916 16 Total Labor 9,041,742 12 Supplies 2,676,637 18 Purchased services 1,889,460 19 Depreciation 635,218 20 Occupancy 698,198 21 Malpractice claims 414,648 22 Interest 195,829 23 Other 758,103 24 Total expenses 16,309,835 25 26 Operating income before other items 29,212 27 Other Items (104,958) 28 Operating Income {75,746) 29 Nonoperating income: 30 Contributions 220,525 31 Investment income (175,090) 32 Other nonoperating items 12,011) 33 Total nonoperating income 43.424 34 Net Income (32,322) 35 44 45 46 47 48 49 8 On December 31st the Labor Union negotiated amonthly bonus of 9 On July 1, the prices were raised by 7%. Charged based payors account for 26% of the NPSR and the average discount is 25% 10 Our lawyers settled a malpractice suit on December 30th for $200,000, half of the amount we had reserved 2 Income Statement 3 ABC Hospital, LTD 4 For the year ended December 31, 2020 5 6 Revenue: 2 Net Patient Service Revenue - NPSR $ 14,228,970 8 Other revenue 2,110,077 9 Total revenues 16,339,047 10 11 Expenses: 12 Salaries and wages - Non-union 3,899,671 13 Salaries and wages - Union 3,478,902 14 Employee benefits 1,457,253 15 Contract labor 205,916 16 Total Labor 9,041,742 12 Supplies 2,676,637 18 Purchased services 1,889,460 19 Depreciation 635,218 20 Occupancy 698,198 21 Malpractice claims 414,648 22 Interest 195,829 23 Other 758,103 24 Total expenses 16,309,835 25 26 Operating income before other items 29,212 27 Other Items (104,958) 28 Operating Income {75,746) 29 Nonoperating income: 30 Contributions 220,525 31 Investment income (175,090) 32 Other nonoperating items 12,011) 33 Total nonoperating income 43.424 34 Net Income (32,322) 35