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Integrated Physicians & Associates, an investor-owned company, had the following general ledger account balances at the end of 2022: Gross patient service revenue (total charges)

Integrated Physicians & Associates, an investor-owned company, had the following general ledger account balances at the end of 2022:

Gross patient service revenue (total charges) $975,000

Contractual discounts and allowance to third-party payers $250,000

Charges for charity (indigent) care $100,000

Estimated provision for bad debts $50,000

Construct the revenue section of Integrated Physicians & Associates' income statement for the year ended December 31, 2022. What is Integrated Physicians and Associates' net patient service revenue?

Choice: $575,000

Choice: $50,000

Choice: $625,000

Choice: Not enough information to tell

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