Annual account balances

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The following are annual account balances as of September 30, 2OX1, for Downtown Hospital. Prepare a statement of operations for the 12-month period ending September 30, 2OX1. Givens (in thousands) Net patient revenues $750,000 Supply expense $145,000 Net assets released from restriction for operations $25,000 Depreciation expense $30,000 Transfer to parent corporation $7,500 Interest expense $8,000 Labor expense $550,000

Reference no: EM131011769

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