Record the following transactions on the books of St. Maries Hospital, a private not-for-profit hospital with IRS 501c nonprofit status.

(a) The Hospital billed patients $300,000 for services rendered. Of this amount, 3% is expected to be uncollectible. Contractual adjustments with insurance companies are expected to total $42,000.

(b) The Hospital received $240,000 in pledges of support in a campaign undertaken to purchase new MMR equipment. All of the pledges are payable within one year and 8% are expected to be uncollectible.

(c) Charity care in the amount of $34,000 (at standard charges) was performed on an indigent patient.

(d) The Hospital collected $237,600 for the services performed in (1) above. Actual contractual adjustments for these services amounted to $45,700. The remaining receivables were written off as uncollectible.