Problem

During the year ended December 31,2013, Anderson Hospital (operated as a private not-forpr...

During the year ended December 31,2013, Anderson Hospital (operated as a private not-forprofit organization) received and incurred the following:

Fair value of donated medicines

$ 54,000

Fair value of donated services (replaced salaried workers)

38,000

Fair value of additional donated services

 

(did not replace salaried workers)

11,000

Interest income

23,000

Regular charges to patients

176,000

Charity care

210,000

Bad debts

66,000

How should this hospital report each of these items?

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