Name Problem 1 The nominal accounts of Boston Clinic for the year ended December 2020 are listed below in alphabetical order: Depreciation expense $280,000 Supplies 1,240,000 Interest expense 118,000 Contributions (from philanthropic foundations) 34,000 Investment income 36,200 Other revenue (parking, cafeteria, etc.) 80,000 Patient service revenue 7,020,000 Provision for bad debts 1,150,000 Purchased clinic services 1,400,000 Salaries and benefits 4,100,000 Premium revenue (capitation contracts) 900,000 Insurance 764,000 Lease 148,000 f. What is Boston Clinie's total profit margin? & How would you interpret the calculated total profit margin? See textbook, page 108