Using the data below as of 12/31/22 create a Balance Sheet for XYZ Hospital for 12/31/22
	Item	Current Month
	Cash	$500,000
	Accounts Payable	$120,000
	Accounts Receivable	$200,000
	Income Taxes Payable	$50,000
	Inventory	$150,000
	Current Portion of Long-term Debt	$50,000
	Long-term Debt	$450,000
	Property, Plant, Equipment	$490,000
	Retained Earnings	$570,000
	Salaries Payable	$100,000
	** use the space below to create the Balance Sheet:
	Balance Sheet - Assets
	Balance Sheet - Liabilities and Equity
	Based upon your Balance Sheet, answer the following in the space provided:
b.	How much does the hospital own?
c.	What are the total current assets?
d.	How much does the hospital owe to others?
e.	What are current assets minus current liabilities?
f.	What are the hospital's total liabilities and retained earnings?

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