The following are transactions and events of the general fund of Sycamore Hospital, a not-for-profit entity, for the 20X6 fiscal year ending December 31, 20X6.
1. Provided a total of $6,200,000 in patient services.
2. Had total operating expenses of $5,940,000, as follows:
Nursing services ....... $2,070,000
Other professional expenses ... 1,250,000
Fiscal services ........ 225,000
General services ....... 1,510,000
Bad debts ......... 125,000
Administration ........ 260,000
Depreciation .......... 500,000
Accounts credited for operating expenses other than depreciation:
Cash ............ $4,785,000
Allowance for Uncollectibles ... 125,000
Accounts Payable ....... 210,000
Inventories ......... 240,000
Donated Services ........ 80,000

3. Allowed contractual adjustments of $220,000 as deductions from gross patient revenue.
4. Received a transfer of $180,000 from specific-purpose funds for payment of approved operating costs in accordance with the terms of the restricted gift.
5. Received a transfer of $200,000 from the temporarily restricted plant fund to purchase new equipment for the hospital.
6. Received $155,000 of unrestricted gifts.
7. Collected accounts receivable except for $75,000 written off.
8. Reported a $70,000 increase in the market value of the investment securities portfolio of the general fund from the beginning of the period. The board designated this entire income for other than current operations.

Required
a. Prepare journal entries in the general fund for each of the transactions and events.
b. Prepare the statement of operations for the general, unrestricted fund of Sycamore Hospital.