The following questions ask for journal entries to record the described transactions and events for Lucas Community Hospital. Type your journal entries in correct form in the space provided. 1. Services were provided to patients at established billing rates of $4,200,000 as follows: Services to charity patients totaled $400,000. Services to Medicare patients totaled $2,200,000. Medicare pays Lucas at the rate of 75% of established billing rates. Services to patients covered by the Karma Health Plan totaled $1,600,000. The hospital's agreement with Karma calls for interim billing at 20% less than the established billing rate