Sacred Heart Hospital had the following closing entries for the year ended December 31, 2017:

Reclassification to unrestricted net assets
Satisfaction of equipment acquisition restrictions	$150,000
Operating revenues: patient service revenue	3,750,000
Operating revenues: other revenue	30,000
Non-operating investment income: unrestricted	10,000
Non-operating: net realized and unrealized gains on investments	12,000
Unrestricted net assets		1,377,000
Contractual adjustments: unrestricted		300,000
Operating expenses: professional care of patients		1,730,000
Operating expenses: general services		345,000
Operating expenses: administration		200,000
Temporarily restricted net assets	150,000
Reclassification from temporarily restricted net assets: satisfaction of plant acquisition restrictions		150,000
Non-operating contribution revenue: permanently restricted	504,000
Permanently restricted net assets		504,000

Required

Prepare a statement of operations for the year ended December 31, 2017.

Prepare a statement of changes in net assets for the year ended December 31, 2017, assuming beginning net assets are $1,700,000.

***Please complete in an excel file***