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. The clinic received a $10,000,000 unrestricted cash contribution from the community. (Hint: this transaction increases the unrestricted net assets account.) The clinic purchased $4,500,000 of equipment. The clinic paid cash for the equipment. The clinic borrowed $2,000,000 from the bank on a long-term basis. The clinic purchased $550,000 of supplies on credit. The clinic provided $8,400,000 of services on credit. In the provision of these services, the clinic used $420,000 of supplies. The clinic received $800,000 in advance to care for capitated patients. The clinic incurred $4,500,000 in labor expenses and paid cash for them. The clinic incurred $2,230,000 in general expenses and paid cash for them. The clinic received $6,000,000 from patients and their third parties in payment of outstanding accounts. The clinic met $440,000 of its obligation to capitated patients (transaction "The clinic received $800,000 in advance to care for capitated patients."). The clinic made a $400,000 cash payment on the long-term loan. The clinic also made a cash interest payment of $40,000. A donor made a temporarily restricted donation of $370,000, which is set aside in temporary investments. The clinic recognized $400,000 in depreciation for the year. The clinic estimated that $850,000 of patient accounts would not be received, and established a provision for bad debt. Using the provided Balance Sheet, Statement of Operations and benchmarks, please perform the following for ABC Community Hospital, a 190-bed acute care facility, for the years ended 20X0 and 20X1:

Please select at least two liquidity measures you have already calculated for the organization. In the box below, please apply the framework we reviewed in class and discuss your findings with respect to the following: Year-over-year trending Performance against benchmark Drivers of change in the metric and management considerations for improvement