Question: Please answer thr following: P18-6 (Operating Statement) Based on the following information, prepare a Statement of Revenues, Expenses, and Changes in Net Position for Hudgins

Please answer thr following:

Please answer thr following: P18-6 (Operating Statement) Based on the following information,

P18-6 (Operating Statement) Based on the following information, prepare a Statement of Revenues, Expenses, and Changes in Net Position for Hudgins County (government) Hospital for the year ended December 31,20X7 : Also, a term endowment restricted to heart research expired during the year. The foregoing expenses include $800,000 payable from donor-restricted resources. Beginning unrestricted net position was $6,000,000 and beginning restricted net position was $1,000,000. Beginning net investment in capital assets was $15,000,000

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