The Edwards Lake Community Hospital balance sheet as of December 31,2022 , follows. The following are the transactions of Edwards Lake Community Hospital during the fiscal year ended December 31,2023. (1) Information related to accrual of revenues and gains is as follows: The following are the transactions of Edwards Lake Community Hospital during the fiscal year ended December 31,2023. (1) Information related to accrual of revenues and gains is as follows: (2) Cash received includes (3) Expenses of $892,000 were recorded in accounts payable and $1,455,590 in accrued payroll. Because some of the nursing expenses met a net asset restriction, $95,000 was released from restrictions. (4) Cash paid includes: (5) Interest of $1,280 accrued on investments in Assets Limited as to Use. (6) Depreciation charges for the year amounted to $118,000 for the buildings and $129,500 for equipment. Depreciation was allocated 45 percent to nursing services, 15 percent to other professional services and 20 percent to each administrative and general services. (7) Other information: (5) Interest of $1,280 accrued on investments in Assets Limited as to Use. (6) Depreciation charges for the year amounted to $118,000 for the buildings and $129,500 for equipment. Depreciation was allocated 45 percent to nursing services, 15 percent to other professional services and 20 percent to each administrative and general services. (7) Other information: (a) Provision for uncollectible receivables was determined to be adequate. (b) Supplies inventory balances: (c) Portion of mortgage payable due within one year, $510,000. (8) A $667 unrealized loss on investments occurred. (9) Nominal accounts were closed. Necessary adjustments were made to increase the Net Assets-Without Donor Restrictions. Designated for Plant. Required a-1. Prepare journal entry for the preceding transactions during the fiscal year ended December 31, 2023, assuming that Edwards Lake Community Hospital is a not-for-profit hospital. a-2. Prepare closing entries for the fiscal year ended December 31, 2023, assuming that Edwards Lake Community Hospital is a notfor-profit hospital. b. Prepare a balance sheet as of December 31,2023. c1. Prepare a statement of operations for the year ended December 31,2023. c2. Prepare a statement of changes in net assets for the year ended December 31, 2023. d. Prepare a statement of cash flows for the year ended December 31, 2023. The Edwards Lake Community Hospital balance sheet as of December 31,2022 , follows. The following are the transactions of Edwards Lake Community Hospital during the fiscal year ended December 31,2023. (1) Information related to accrual of revenues and gains is as follows: The following are the transactions of Edwards Lake Community Hospital during the fiscal year ended December 31,2023. (1) Information related to accrual of revenues and gains is as follows: (2) Cash received includes (3) Expenses of $892,000 were recorded in accounts payable and $1,455,590 in accrued payroll. Because some of the nursing expenses met a net asset restriction, $95,000 was released from restrictions. (4) Cash paid includes: (5) Interest of $1,280 accrued on investments in Assets Limited as to Use. (6) Depreciation charges for the year amounted to $118,000 for the buildings and $129,500 for equipment. Depreciation was allocated 45 percent to nursing services, 15 percent to other professional services and 20 percent to each administrative and general services. (7) Other information: (5) Interest of $1,280 accrued on investments in Assets Limited as to Use. (6) Depreciation charges for the year amounted to $118,000 for the buildings and $129,500 for equipment. Depreciation was allocated 45 percent to nursing services, 15 percent to other professional services and 20 percent to each administrative and general services. (7) Other information: (a) Provision for uncollectible receivables was determined to be adequate. (b) Supplies inventory balances: (c) Portion of mortgage payable due within one year, $510,000. (8) A $667 unrealized loss on investments occurred. (9) Nominal accounts were closed. Necessary adjustments were made to increase the Net Assets-Without Donor Restrictions. Designated for Plant. Required a-1. Prepare journal entry for the preceding transactions during the fiscal year ended December 31, 2023, assuming that Edwards Lake Community Hospital is a not-for-profit hospital. a-2. Prepare closing entries for the fiscal year ended December 31, 2023, assuming that Edwards Lake Community Hospital is a notfor-profit hospital. b. Prepare a balance sheet as of December 31,2023. c1. Prepare a statement of operations for the year ended December 31,2023. c2. Prepare a statement of changes in net assets for the year ended December 31, 2023. d. Prepare a statement of cash flows for the year ended December 31, 2023