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