ONLY answer them for the Current Year with the solutions to how it was arrived at.

Answer the following 1-8 it's just filling in the information for each balance sheet march 31,20x3 and 20x2.

Help 1-8 with listing the following amounts from the attached financial statement and how it was calculated:

1.Current Liabilities:

2.Total Assets:

3.Income from Operations:

4.Accumulated Depreciation:

5.Total Operating Revenue:

6.Current Portion of Long-Term Debt

7.Interest Income:

8.Inventories:

Help 1-8 with listing the following amounts from the attached financial statement and how it was calculated:

1.Current Liabilities:

2.Total Assets:

3.Income from Operations:

4.Accumulated Depreciation:

5.Total Operating Revenue:

6.Current Portion of Long-Term Debt

7.Interest Income:

8.Inventories:

APPENDIX 33-A: Metropolis Health Systems Financial Statements and Excerpts from Notes

Metropolis Health System Balance Sheet March 31, 20X3 and 20X2
Assets
Current Assets
	Cash and cash equivalents	$1,150,000	$400,000
	Assets whose use is limited	825,000	825,000
	Patient accounts receivable	8,700,000	8,950,000
	Less allowance for bad debts	(1,300,000)	(1,300,000)
	Other receivables	150,000	100,000
	Inventories of supplies	900,000	850,000
	Prepaid expenses	200,000	150,000
Total Current Assets		10,625,000	9,975,000
Assets Whose Use Is Limited
	Corporate funded depreciation	1,950,000	1,800,000
	Under bond indenture agreementsheld by trustee	1,425,000	1,475,000
Total Assets Whose Use Is Limited		3,375,000	3,275,000
Less Current Portion		(825,000)	(825,000)
Net Assets Whose Use Is Limited		2,550,000	2,450,000
Property, Plant, and Equipment, Net		19,300,000	19,200,000
Other Assets		325,000	375,000
Total Assets		$32,800,000	$32,000,000

Metropolis Health System Balance Sheet March 31, 20X3 and 20X2
Liabilities and Fund Balance
Current Liabilities
	Current maturities of long-term debt	$525,000	$500,000
	Accounts payable and accrued expenses	4,900,000	5,300,000
	Bond interest payable	300,000	325,000
	Reimbursement settlement payable	100,000	175,000
Total Current Liabilities		5,825,000	6,300,000
Long-Term Debt		6,000,000	6,500,000
Less Current Portion of Long-Term Debt		(525,000)	(500,000)
Net Long-Term Debt		5,475,000	6,000,000
Total Liabilities		11,300,000	12,300,000
Fund Balances
	General Fund	21,500,000	19,700,000
Total Fund Balances		21,500,000	19,700,000
Total Liabilities and Fund Balances		$32,800,000	$32,000,000

Metropolis Health System Statement of Revenue and Expenses for the Years Ended March 31, 20X3 and 20X2
Revenue
	Net patient service revenue	$34,000,000		$33,600,000
	Other revenue	1,100,000		1,000,000
Total Operating Revenue			35,100,000		34,600,000
Expenses
	Nursing services	5,025,000		5,450,000
	Other professional services	13,100,000		12,950,000
	General services	3,200,000		3,220,000
	Support services	8,300,000		8,340,000
	Depreciation	1,900,000		1,800,000
	Amortization	50,000		50,000
	Interest	325,000		350,000
	Provision for doubtful accounts	1,500,000		1,600,000
Total Expenses			33,400,000		33,760,000
Income from Operations			1,700,000		840,000
Nonoperating Gains (Losses)
	Unrestricted gifts and memorials	20,000		70,000
	Interest income	80,000		40,000
Nonoperating Gains, Net			100,000		110,000
Revenue and Gains in Excess of Expenses and Losses			$1,800,000		$950,000

Metropolis Health System Statement of Changes in Fund Balance for the Years Ended March 31, 20X3 and 20X2
General Fund Balance April 1st	$19,700,000	$18,750,000
Revenue and Gains in Excess of Expenses and Losses	1,800,000	950,000
General Fund Balance March 31st	$21,500,000	$19,700,000

Metropolis Health System Schedule of Property, Plant, and Equipment for the Years Ended March 31, 20X3 and 20X2
Buildings and Improvements		$14,700,000	$14,000,000
Land Improvements		1,100,000	1,100,000
Equipment		28,900,000	27,600,000
	Total	44,700,000	42,700,000
Less Accumulated Depreciation		(26,100,000)	(24,200,000)
	Net Depreciable Assets	18,600,000	18,500,000
Land		480,000	480,000
Construction in Progress		220,000	220,000
Net Property, Plant, and Equipment		$19,300,000	$19,200,000

Metropolis Health System Schedule of Patient Revenue for the Years Ended March 31, 20X3 and 20X2
Patient Services Revenue
	Routine revenue	$9,850,000	$9,750,000
	Laboratory	7,375,000	7,300,000
	Radiology and CT scanner	5,825,000	5,760,000
	OBnursery	450,000	445,000
	Pharmacy	3,175,000	3,140,000
	Emergency service	2,200,000	2,180,000
	Medical and surgical supply and IV	5,050,000	5,000,000
	Operating rooms	5,250,000	5,200,000
	Anesthesiology	1,600,000	1,580,000
	Respiratory therapy	900,000	890,000
	Physical therapy	1,475,000	1,460,000
	EKG and EEG	1,050,000	1,040,000
	Ambulance services	900,000	890,000
	Oxygen	575,000	570,000
	Home health and hospice	1,675,000	1,660,000
	Substance abuse	375,000	370,000
	Other	775,000	765,000
Subtotal		48,500,000	48,000,000
Less Allowances and Charity Care		14,500,000	14,400,000
Net Patient Service Revenue		$34,000,000	$33,600,000

Metropolis Health System Schedule of Operating Expenses for the Years Ended March 31, 20X3 and 20X2
Nursing Services
	Routine Medical/Surgical	$3,880,000	$4,200,000
	Operating Room	300,000	325,000
	Intensive Care Units	395,000	430,000
	OBNursery	150,000	165,000
	Other	300,000	330,000
	Total	$5,025,000	$5,450,000
Other Professional Services
	Laboratory	$2,375,000	$2,350,000
	Radiology and CT Scanner	1,700,000	1,680,000
	Pharmacy	1,375,000	1,360,000
	Emergency Service	950,000	930,000
	Medical and Surgical Supply	1,800,000	1,780,000
	Operating Rooms and Anesthesia	1,525,000	1,515,000
	Respiratory Therapy	525,000	530,000
	Physical Therapy	700,000	695,000
	EKG and EEG	185,000	180,000
	Ambulance Services	80,000	80,000
	Substance Abuse	460,000	450,000
	Home Health and Hospice	1,295,000	1,280,000
	Other	130,000	120,000
	Total	$13,100,000	$12,950,000
General Services
	Dietary	$1,055,000	$1,060,000
	Maintenance	1,000,000	1,010,000
	Laundry	295,000	300,000
	Housekeeping	470,000	475,000
	Security	50,000	50,000
	Medical Records	330,000	325,000
	Total	$3,200,000	$3,220,000
Support Services
	General	$4,600,000	$4,540,000
	Insurance	240,000	235,000
	Payroll Taxes	1,130,000	1,180,000
	Employee Welfare	1,900,000	1,950,000
	Other	430,000	435,000
	Total	$8,300,000	$8,340,000
Depreciation		$1,900,000	$1,800,000
Amortization		50,000	50,000
Interest Expense		325,000	350,000
Provision for Doubtful Accounts		1,500,000	1,600,000
Total Operating Expenses		$33,400,000	$33,760,000