Problem The nominal accounts of Boston Clinic for the year ended December 2020 are listed below in alphabetical order: Depreciation expense $200,000 Supplies 1,200,000 Interest expense 112,000 Contributions (from philanthropic foundations) 34,000 Investment income 36,200 Other revenue (parking, cafeteria, etc.) 30,000 Patient service revenue 7,070,000 Provision for bad debts 1,150,000 Purchased clinic services 1,400,000 Salaries and benefits 4,100,000 Premium revenue (capitation contracts 300,000 Insurance 764,000 Lease 148.000 a. Prepare a property formatted Income statement for the year ended December 31, 2020. See textbook, Exhibit 3.1. b. Did Boston Clinic spend $280.000 an nitw fried asets dating focal year 2000 Please explain c Is Boston Clinic a for-profit organization? Please explain d. What is the key difference between patient service revenue and premium revenue. See textbook pages 93-94 e. How much cash did Boston Clinic generate during 20207 See textbook, paces 103-104 1. What is Boston Clinic's total profit margin hway called total promedhook een