The following events were recorded on the books of Carla Vista Hospital for the year ended December $31,2025.$ Prepare a statement of activities for Carla Vista Hospital for the year ended December $31,2025.($Enter negative amounts using either a

negative sign preceding the number, e$.$g$.-45$ or parentheses, e$.$g$.(45).)$

Statement of Activities

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Revenue from patient services totaled $$15,920,000.$ The allowance for uncollectibles was established at $$3,440,000.$ Of the

$$15,920,000$ revenue, $$6,000,000$ was recognized under cost reimbursement agreements. This revenue is subject to audit

and retroactive adjustment by third$-$party payers $($estimated adjustments are included in the allowance account$).$

Patient service revenue is accounted for at established rates on the accrual basis.

Other operating revenue totaled $$378,000,$ of which $$172,000$ was from specific purpose funds.

Mercy received $$402,000$ in unrestricted gifts and bequests. They are recorded at fair market value when received.

Endowment funds earned $$145,000$ in unrestricted income.

Board designated funds earned $$80,000$ in income.

Mercy's operating expenses for the year amounted to $$13,260,000.$ This included $$469,000$ in straight$-$line depreciation.