List and record each transaction for the Claymont Outpatient Clinic, under the accrual basis of accounting, at December $31,20$X$1.$ Then develop a balance sheet as of December $31,20$X$1,$ and a statement of operations for the year ended December $31,20$X$1$ and a complete general ledger. The clinic received a $$9,000,000$ unrestricted cash contribution from the community. $($Hint: this transaction increases the unrestricted net assets account.$)$ The clinic purchased $$5,500,000$ of equipment. The clinic paid cash for the equipment. The clinic borrowed $$3,000,000$ from the bank on a long$-$term basis. The clinic purchased $$850,000$ of supplies on credit. The clinic provided $$9,400,000$ of services on credit. In the provision of these services, the clinic used $$520,000$ of supplies. The clinic received $$900,000$ in advance to care for capitated patients. The clinic incurred $$6,500,000$ in labor expenses and paid cash for them. The clinic incurred $$3,230,000$ in general expenses and paid cash for them. The clinic received $$7,000,000$ from patients and their third parties in payment of outstanding accounts. The clinic met $$540,000$ of its obligation to capitated patients $($transaction "The clinic received $$900,000$ in advance to care for capitated patients."$).$ The clinic made a $$600,000$ cash payment on the long$-$term loan. The clinic also made a cash interest payment of $$70,000.$ A donor made a temporarily restricted donation of $$470,000,$ which is set aside in temporary investments. The clinic recognized $$750,000$ in depreciation for the year. The clinic estimated that $$825,000$ of patient accounts would not be received, and established a provision for bad debt.