The following are transactions and events of the general fund of Sycamore Hospital, a not-for-profit entity, for the 20X6 fiscal year ending December 31, 20X6.

1. Provided a total of $6,600,000 in patient services.
2. Had total operating expenses of $6,031,000, as follows:

Nursing services	$	2,160,000
Other professional expenses		1,260,000
Fiscal services		230,000
General services		1,560,000
Bad debts		131,000
Administration		200,000
Depreciation		490,000

Accounts credited for operating expenses other than depreciation:

Cash	$	4,798,000
Allowance for Uncollectibles		131,000
Accounts Payable		228,000
Inventories		210,000
Donated Services		174,000

1. Allowed contractual adjustments of $200,000 as deductions from gross patient revenue.
2. Received a transfer of $190,000 from specific-purpose funds for payment of approved operating costs in accordance with the terms of the restricted gift.
3. Received a transfer of $210,000 from the plant fund with donor restrictions to purchase new equipment for the hospital.
4. Received $155,000 of unrestricted gifts.
5. Collected accounts receivable except for $75,000 written off.
6. Reported a $90,000 increase in the market value of the investment securities portfolio of the general fund from the beginning of the period. The board designated this entire income for other than current operations.

Required: a. Prepare journal entries in the general fund for each of the transactions and events.

b. Prepare the statement of operations for the general, fund without donor restrictions of Sycamore Hospital.

A Record the entry for patient services provided. B Record the operating expenses incurred. Record the entry for the contractual adjustments allowed as deductions from gross patient revenue. D Record the cash transfer from the Specific-Purpose Fund for payment of the approved operating costs. E Record the cash transfer from the plant fund with donor restrictions to purchase new equipment. F Record the receipt of unrestricted gifts. G Record both the collection of accounts receivable and the write-off of $75,000 of uncollectible receivables. H . Record the increase in the market value of the investment securities porfolio. SYCAMORE HOSPITAL Statement of Operations For the Year Ended December 31, 20X6 Unrestricted Revenue, Gains, & Other Support: Total revenues, gains, and other support Expenses and losses: Total operating expenses