Please record journal entries for the transactions below for a private, not-for-profit hospital.

1. The hospital had patient service revenues for 40 patients totaling $700,000. The entire amount was billed to insurance companies. The hospital estimates that 18 percent of these insurance charges will be deducted by contractual adjustments.
2. Of the amount billed in #1, $550,000 was ultimately received from the insurance carriers. All patient accounts were considered settled in full after these payments. Please record the $550,000 receipt and the appropriate adjustments to all accounts involved to reflect the full settlement and closing of these accounts.
3. The hospital has a gift shop. Gift shop sales (cash) were $40,000, cost of items sold was $26,000.
4. An individual donated $1,000,000 in stock to the hospital and specified that the donation was to be used as an endowment in which only earnings can be spent, and investment earnings must be spent for treatment of cancer patients.
5. Some time later, investments in #4 had cash earnings of $60,000, which was then spent on various cancer treatments.
6. The hospital scheduled a series of workshops for developing a healthy diet and lifestyle. These workshops will be held in two months, $9,500 cash was received as of today for these workshops.
7. The hospital received a donation of $200,000 cash, and the donor specified that the donation must be spent to purchase a new ambulance.
8. One month later, an ambulance was purchased, using in part the donation received in #7. Cash was paid for the ambulance, and its total cost was $223,000.
9. A person notified the hospital that she would donate $30,000 to the hospital which can be used for any purpose, but only after the hospital raised $30,000 on its own.
10. The hospital raised the $30,000 referred to in #9, and the person gave the hospital $30,000 cash.
11. The hospital received $75,000 cash from a grant for the upgrade of emergency room facilities.
12. The hospital spent the $75,000 received in #11, plus $12,000 of its own cash, to upgrade emergency room facilities.
13. The hospital had a pledge drive and received $140,000 in unconditional pledges. These pledges will not be paid by the donors until sometime next year.
14. It is now the following year, and the $140,000 pledged in #13 is received.
15. The hospital had another pledge drive, receiving $29,000 in unconditional pledges. 10% is anticipated to be uncollectible and it is expected that the cash from these pledges will be received this year