Multiple statements. The following are account balances (in thousands) at September 30, 20X1, for Sharpe Medical Center. Prepare (a) a balance sheet, (b) a statement of operations, and (c) a statement of changes in net assets for September 30, 20X1.

Givens (in '000s) Inventory $5,000 Patient revenue (net of contractuals) $402,000 Gross plant, property, and equipment $450,000 Net accounts receivable $95,000 Ending balance, net assets with donor restrictions $24,000 Wages payable $8,600 Longterm debt $320,000 Supply expense $44,000 Net assets released from donor restriction $9,000 Depreciation expense $54,000 General expense $100,000 Bad debt expense $6,500 Cash and cash equivalents $58,000 Transfer to parent corporation ($7,900) Beginning balance, net assets without donor restrictions $250,000 Accounts payable $16,000 Beginning balance, net assets with donor restrictions $33,000 Interest expense $4,000 Labor expense $180,000 Accumulated depreciation $70,000 Longterm investments $95,200 Ending balance, net assets without donor restrictions $264,600