The following information is for funds used to account for the transactions of the Hospital of Havencrest, which is operated by a religious organization. The balances in the accounts are as of June 30, 20X8, the end of the hospital€™s fiscal year.

Additional Information
The $32,000 in the specific-purpose fund is restricted for research activities to be conducted by the hospital.

Required
Prepare a balance sheet for Havencrest at June 30,20X8.

Specific- Plant Replacement General Purpose and Expans ion Endowment Fund Fund Fund Fund Cash Accounts Receivable Allowance for Uncollectibles Inventories Prepaid Expenses Long-Term Investments Property, Plant, & Equipment Accumulated Depreciation Accounts Payable Accrued Expenses Deferred Revenue $30,000 $32,000 $140,000 $20,000 25,000 (5,000) 50,000 10,000 100,000 300,000 (140,000) 45,000 17,000 11,000 Current Portion Long-Term Debt 24,000 125,000 60,000 500,000 Mortgage Payable