1. Your analysis of the contributions receivable as of December 31, 20X4, determined that there were unrecognized contributions for the following:

Unrestricted use	$	41,400
Cancer research		11,700
Purchase of equipment		21,700
Permanently restricted endowment principal		31,500
Total	$	106,300

1. Short-term investments at year-end consist of $150,900 of funds without donor restrictions and $50,800 of funds restricted for future cancer research. All of the long-term investments are held in the permanently restricted endowment fund.
2. Land is carried at its current market value of $121,800. The original owner purchased the land for $71,300, and at the time of donation to the hospital, it had an appraised value of $95,700.
3. Buildings purchased 11 years ago for $610,500 had an estimated useful life of 30 years. Equipment costing $155,700 was purchased 7 years ago and had an expected life of 10 years. The controller had improperly increased the reported values of the buildings and equipment to their current fair value of $936,000 and had incorrectly computed the accumulated depreciation.
4. The board of directors voted on December 29, 20X4, to designate $100,200 of funds without donor restrictions invested in short-term investments for developing a drug rehabilitation center.

Required: Prepare a balance sheet for Brookdale Hospital at December 31, 20X4.

Answer is not complete. BROOKDALE HOSPITAL Balance Sheet December 31, 20X4 Assets Current Assets: Cash $ 101,600 Contributions receivable Investments in marketable securities Interest receivable Accounts receivable 201,700 16,200 56,400 35,400 Inventory OOOOO OOL $ 411,300 Total current assets Long-term assets: Building & equipment Accumulated depreciation Net investment in buildings and equipment Land $ Investments in marketable secunties $ 411,300 Total long-term assets Total assets Liabilities Accounts payable Mortgage payable o Total liabilities Net assets: With donor restrictions Without donor restrictions Total net assets Total liabilities and net assets