The following are account balances (in 000) at September 30, 20X1 for HMO Scotland. Prepare: (a) balance sheet; and (b) income statement.

Income Tax Expense	$2,100
Prepaid Expense	$22,000
Physician Services Expense	$40,000
Long-term Investments	$12,000
Premium Revenues	$118,000
Cash and Cash Equivalents	$100,000
Marketing Expense	$12,500
Compensation Expense	$23,000
Other Non-current Assets	$12,800
Interest Income and Other Revenue	$14,500
Accrued Expense	$14800
Outside Referral Expense	$7,500
Claims Payable Medical	$37,000
Medicare Revenues	$18,000
Inventory	$3,500
Occupancy and Depreciation Expense	$5,500
Owners equity	$66,600
Emergency Room Expense	$3,200
Net Property and Equipment	$23,000
Premium Receivables	$12,000
Inpatient Service Expense	$22,000
Notes Payable	$4,500
Interest Expense	$5,500
Medicaid Revenues	$3,000
Long-term Debt	$65,400
Other Administrative Expense	$6,500
Other Receivables	$3,000