Question 27 3 pts Using the financial statements for XYZ Clinic, calculate Cash Flow: XYZ Clinic Balance Sheet as of December 31, 2016 2016 2016 ASSETS S AND EQUITY Current Assets: Current Liabilities Cash 14,202 Accounts payable $ 7,022 Marketable securities 10,000 Notes payable 4,588 Net patient accounts receivable 28,659 Accrued expenses $ 6,549 Inventories 3,457 Total Current Liabilities $ 18, 159 Total Current Assets 56,318 Long-term debt $ 88,699 Long-term investments $ 49,063 Total Liabilities $ 106,858 Property and Equipment Land 2,564 Retained Earnings $ 48,005 Buildings and equipment 89,218 Gross fixed assets 91,782 Total Liabilities and Equity $ 154,863 Less: Accumulated Depreciation 42,300 Net Fixed Assets 49,482 Total Assets $ 154,863 XYZ Clinic Income Statements for the Year Ended December 31, 2016 2016 Revenues: Net Patient Service Revenue 187,562 Other Revenue 8,059 Total Revenues 195,621 Expenses: Salaries and Benefits 135,349 Supplies 29,274 Insurance 4,965 Leases 3,298 Depreciation 6,596 Interest 5,481 Total Expenses $ 184,963 Net Income $ 10,658 O $195,621 O $10,658 O $17,254 O $4,062