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I need help in this question. Please do it correctly and 100%. Please do not make any mistake in this 4 Brookdale Hospital hired an

I need help in this question. Please do it correctly and 100%. Please do not make any mistake in this

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4 Brookdale Hospital hired an inexperienced controller early in 20X4. Near the end of 20X4, the board of directors decided to conduct a major fund-raising campaign. They wished to have the December 31, 20X4, statement of financial position for Brookdale fully conform with current generally accepted principles for hospitals. The trial balance prepared by the controller at December 31, 20X4. follows: Credit 5 points Debit $ 100,700 281,900 381,700 16,400 55,600 36,000 120,4ee 936,800 Cash Investment in Short-Term Marketable Securities Investment in Long-Term Marketable Securities Interest Receivable Accounts Receivable Inventory Land Buildings & Equipment Allowance for Depreciation Accounts Payable Mortgage Payable Fund Balance Total eBook Print $ 259,580 40,480 320,700 1,148,90 $1,769,500 31,165,56 $1,769,500 References Additional Information: 1. Your analysis of the contributions receivable as of December 31, 20X4, determined that there were unrecognized contributions for the following: Unrestricted use Cancer research Purchase of equipment Permanently restricted endowment principal Total $ 41,600 10,700 20,988 31,900 $105,100 2. Short-term investments at year-end consist of $150.600 of funds without donor restrictions and $51,300 of funds restricted for future cancer research. All of the long-term investments are held in the permanently restricted endowment fund. 3. Land is carried at its current market value of $120.400. The original owner purchased the land for $70.900. and at the time of donation to the hospital, it had an appraised value of $95.900. 4. Buildings purchased 11 years ago for $618.000 had an estimated useful life of 30 years. Equipment costing $151,200 was purchased 7 years ago and had an expected life of 10 years. The controller had improperly increased the reported values of the buildings and equipment to their current fair value of $936.800 and had incorrectly computed the accumulated depreciation. Activate 4. The contra 7 years ago and had an expected life of 10 years. The controller had Improperly increased the reported values of the buildings and equipment to their current fair value of $936,800 and had incorrectly computed the accumulated depreciation. 5. The board of directors voted on December 29, 20X4. to designate $101.200 of funds without donor restrictions Invested in short- term Investments for developing a drug rehabilitation center. Required: Prepare a balance sheet for Brookdale Hospital at December 31, 20X4. (Amounts to be deducted should be indicated with minus slgn.) 5 points eBook BROOKDALE HOSPITAL Balance Sheet December 31, 20X4 Assets Current Assets References Total current assets Long-term assets Net investment in buildings and equipment Total long-term assets Total assets Liabilities Total liabilities Net assets: Activate Windo Go to Settings to ac 4 Assets Current Assets: 5 points eBook Total current assets Long-term assets: Print References Net investment in buildings and equipment Total long-term assets Total assets Liabilities Total liabilities Net assets Total net assets Total liabilities and net assets 4 Brookdale Hospital hired an inexperienced controller early in 20X4. Near the end of 20X4, the board of directors decided to conduct a major fund-raising campaign. They wished to have the December 31, 20X4, statement of financial position for Brookdale fully conform with current generally accepted principles for hospitals. The trial balance prepared by the controller at December 31, 20X4. follows: Credit 5 points Debit $ 100,700 281,900 381,700 16,400 55,600 36,000 120,4ee 936,800 Cash Investment in Short-Term Marketable Securities Investment in Long-Term Marketable Securities Interest Receivable Accounts Receivable Inventory Land Buildings & Equipment Allowance for Depreciation Accounts Payable Mortgage Payable Fund Balance Total eBook Print $ 259,580 40,480 320,700 1,148,90 $1,769,500 31,165,56 $1,769,500 References Additional Information: 1. Your analysis of the contributions receivable as of December 31, 20X4, determined that there were unrecognized contributions for the following: Unrestricted use Cancer research Purchase of equipment Permanently restricted endowment principal Total $ 41,600 10,700 20,988 31,900 $105,100 2. Short-term investments at year-end consist of $150.600 of funds without donor restrictions and $51,300 of funds restricted for future cancer research. All of the long-term investments are held in the permanently restricted endowment fund. 3. Land is carried at its current market value of $120.400. The original owner purchased the land for $70.900. and at the time of donation to the hospital, it had an appraised value of $95.900. 4. Buildings purchased 11 years ago for $618.000 had an estimated useful life of 30 years. Equipment costing $151,200 was purchased 7 years ago and had an expected life of 10 years. The controller had improperly increased the reported values of the buildings and equipment to their current fair value of $936.800 and had incorrectly computed the accumulated depreciation. Activate 4. The contra 7 years ago and had an expected life of 10 years. The controller had Improperly increased the reported values of the buildings and equipment to their current fair value of $936,800 and had incorrectly computed the accumulated depreciation. 5. The board of directors voted on December 29, 20X4. to designate $101.200 of funds without donor restrictions Invested in short- term Investments for developing a drug rehabilitation center. Required: Prepare a balance sheet for Brookdale Hospital at December 31, 20X4. (Amounts to be deducted should be indicated with minus slgn.) 5 points eBook BROOKDALE HOSPITAL Balance Sheet December 31, 20X4 Assets Current Assets References Total current assets Long-term assets Net investment in buildings and equipment Total long-term assets Total assets Liabilities Total liabilities Net assets: Activate Windo Go to Settings to ac 4 Assets Current Assets: 5 points eBook Total current assets Long-term assets: Print References Net investment in buildings and equipment Total long-term assets Total assets Liabilities Total liabilities Net assets Total net assets Total liabilities and net assets

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