Question 15 3.5 pts End of the year, The Vulcan Community Hospital's some financial information is provided below. Based on the provided information, how much are the hospital's Long- Term Liabilities? Current Assets...... ... $4,000,000 Fixed Assets..... $2,000,000 Short-Term Liabilities. .... $3.500,000 Long-Term Liabilities Net Assets...... $2,000,000 $500,000 $1,000,000 $2,000,000 $1,500,000 Question 12 3.5 pts The Vulcan Community Hospital purchased a three-year fire insurance policy for $450,000 on an account. Which is the correct recording regarding the financial event? Debit on Prepaid Insurance, Credit on Accounts Payable Debiton Accounts Payable, Credit on Prepaid Insurance Debit on Cash, Credit on Prepaid Insurance Debiton Prepaid Insurance, Credit on Cash Question 6 3.5 pts Vulcan Community Hospital received $300,000 in cash which was billed to the insurance company before. Which is correct recording regarding the financial event? THERE COULD BE MORE THAN ONE CORRECT ANSWER! PLEASE SELECT ALL CORRECT OPTIONS! Credit $300,000 on Patient Service Revenue Credit $300,000 on Accounts Receiveble Debit $300,000 on Cash Debit $300,000 on Patient Service Revenue