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The nominal account of Boston link for the year ended December 2020 arested below in habetical orders Depreciation expense $200,000 Supplies 1.240,000 Interest opene 110,000

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The nominal account of Boston link for the year ended December 2020 arested below in habetical orders Depreciation expense $200,000 Supplies 1.240,000 Interest opene 110,000 Contributions (from philanthrople foundations) 34,000 Investment income 36,200 Other revenue (parking cafeteria, etc) 30,000 Patient service revenge 7,000,000 Provision for bad debits 1,150,000 Purchased din services 1,400,000 Salaries and benefits 4,100,000 Premium revenue capitation contracts) 900,000 Insurance 764,000 140,000 I . Prepare a property formatted income statement for the year ended December 31, 2020. See textbook, Exhibit 31 Old Boston Clinic spend $280,000 an new wed wets during fucal year 2020? Pease explain che Boston Clinica for profit organization? Please explain 4. What is the key difference between patient service revenue and premium revenue. See textbook pages 93-94 .. How much cash did Boston Clinic generate during 2020? See textbook, pages 103-104. What is Boston Clic's total profit margin How would you interpret the cated to protimran see textbook page 10

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