The following information is contained in the funds which are used to account for the transactions of the Hope Hospital, which is operated by a nonprofit, religious organization. The balances in the accounts are as of June 30, 2009, the end of the hospital's fiscal year. Credit amounts are in parentheses. Additional information: The $64,000 in the specific purpose fund is restricted for research activities to be conducted by the hospital. Required: Prepare Journal Entries (Unrestricted, Temporarily Restricted, Permanently Restricted) and balance sheet for Hope Hospital as of June 30, 2009.

Plant General Specific Purpose Fund Replacement & Expansion Fund Endowment Fund Fund Cash 60,000 50,000 (10,000) $280,000 40,000 $64,000 Accounts Receivable Allowance for Uncollectibles Inventories 100,000 20,000 200,000 Prepaid Expenses Long-term Investments Property, Plant & Equipment Accumulated Depreciation 120,000 1,000,000 600,000 (280,000) Accounts Payable Accrued Expenses (90,000) (34,000) (22,000) (250,000) Deferred Revenue Mortgage Payable