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Prepare a statement of revenue and expense for the two years ending 2022 and 2021 Not all accounts may be used in this problem 2022

Prepare a statement of revenue and expense for the two years ending 2022 and 2021
Not all accounts may be used in this problem
2022 2021
Cash $2,500,000.00 $2,100,000.00
Patient Revenue $7,500,000.00 $6,100,000.00
Accounts Receivable $521,000.00 $437,000.00
Medical Services Expense 480,000.00 $345,000.00
Accounts Payable $1,900,000.00 $1,500,000.00
Therapy Services Expense $321,000.00 $279,000.00
Support Services Expense $410,000.00 $376,000.00
Depreciation Expense $100,000.00 $100,000.00
Long Term Debt $500,000.00 $475,000.00
Interest Expense $35,000.00 $21,000.00
Interest Income $50,000.00 $32,000.00

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