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Please prepare a balance sheet for this for Sept. 30, 20X1 22. Multiple statements. The following are account balances (in thousands) at September 30, 20X1,

Please prepare a balance sheet for this for Sept. 30, 20X1 image text in transcribed
22. Multiple statements. The following are account balances (in thousands) at September 30, 20X1, for Sharpe Medical Center. Prepare (a) a balance sheet a statement of opera- nons, and (c) a statement of changes in net assets for September 30, 20X Givens (in '000s) Inventory $4,000 Patient revenue (net of contractuals) $302,000 Gross plant, property, and equipment $375,000 Net accounts receivable $85,000 Ending balance, temporarily restricted net assets $6,000 Wages payable $6,600 Long-term debt $218,400 Supply expense $34,000 Net assets released from temporary restriction $7,000 Depreciation expense $44,000 General expense $95,000 Provision for bad debt expense $4,500 Cash and cash equivalents $18,000 Transfer to parent corporation ($3,900) $239,400 Beginning balance, unrestricted net assets $11,000 Accounts payable $13,000 Beginning balance, temporarily restricted net assets $6,000 Interest expense $123,000 Labor expense $22,000 Accumulated depreciation $20,000 Long-term investments $238,000 Ending balance, unrestricted net assets

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