The following are account balances (in thousands) for Lima Health Plan. Prepare an income statement for the year ended December 21,20X0. (Hint: you must recognize which account balances qualify for the income statement). You will enter summary balances for total revenues Blank 1; total expenses Blank 2;operating income Blank 3; net income Blank 4.

Givens (in '000s):
Income tax Benefit of operating loss	$8,000
Net property and equipment	$2,000
Physician services expense	$164,000
Premium revenue	$125,000
Marketing expense	$11,000
Compensation expense	$13,000
Interest income and other revenue	$6,000
Outside referral expense	$4,000
Medicare revenue	$131,000
Occupancy and depreciation expense	$2,000
Medical claims payable	$37,000
Accounts receivable	$3,000
Emergency room expense	$14,000
Inpatient services expense	$101,000
Interest expense	$2,000
Medicaid revenue	$35,000
Owners' equity	$61,500
Cash & cash equivalents	$97,000
Long-term debt	$3,500
Other administrative expense	$2,000