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St. Mary's Medical Center performed charity care at a cost (supplies etc.) of $18,000. The standard charge to patients for these services is $60,000. How

St. Mary's Medical Center performed charity care at a cost (supplies etc.) of $18,000. The standard charge to patients for these services is $60,000. How much should the hospital recognize as revenue? Multiple Choice $42,000. $60,000. No revenue should be recognized. $18,000

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