Key concept: Preparing statements from ending account balances he following list provides selected financial data for East Valley Hospital, a non- profit organization, for the year ending December 31, 2015. S5,700 Cash, beginning of year: $40,000 Revenues from patients S36,800 Total liabilities: $4,500 Cash, end of year: $10,100 Cash from operating activities S44,200 Net assets: $14,400 Direct operating expenses: $600 Cash from financing activities: $17,800 Indirect operating expenses: S76,500 Noncash assets: Cash used in investing activities: (S11,900) Excess of revenue over expenses