Question: 3. Using the data below create an Income statement for XYZ Hospital 2020 Fiscal Year Data for XYZ Hospital: Depreciation 448.350 Insurance expense 373,030 Interest

 3. Using the data below create an Income statement for XYZ

3. Using the data below create an Income statement for XYZ Hospital 2020 Fiscal Year Data for XYZ Hospital: Depreciation 448.350 Insurance expense 373,030 Interest expense 280.450 Investment income 270,900 Repairs and maintenance 222,740 Net patient service revenue 10,725.260 Rent expense 299.250 Salaries and benefits 3.735,610 Supplies 1,025,625 Utilities 227.500 *use the space below to create the Income Statement: Net patient service revenue Expenses Depreciation Insurance expense Interest Expense Repairs & Maintenance Rent expense Salaries & Benefits Supplies Utilities TOTAL EXPENSES Non-operating Income Investment Income Based upon your Income Statement, answer the following in the space provided: b. What is the net patient service revenue? c. What are the total expenses for the year? d. What is the hospital's bottom line for the year? What %% of net patient revenue is spent on salaries & benefits

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