Daniel,an Auditor,is Performing a Routine Review of a Not-For-Profit Hospital

Daniel,an auditor,is performing a routine review of a not-for-profit hospital and notes the following account balances in the statement of activities for the fiscal year ending September 30,2014: $\begin{array}{ll}\text { Gross patient service rev enue from all }&\$ 4,450,000 \\\text {services at the hosp ital's established }\\\text { billing rate }\\ \text { Bad debts expense}& \$ 90,000 \\ \text { Contractual ad justments}&\$ 420,000 \\\end{array}$
What amount should the hospital report as net patient service revenue in its statement of activities for the fiscal year ending September 30,2014?

A) $4,080,000
B) $4,140,000
C) $4,030,000
D) $4,410,000