Southtown Community Hospital (SCH)shows the Following Balances on Its Trial

Southtown Community Hospital (SCH)shows the following balances on its trial balance at June 30,2014,their fiscal year end.SCH is a not-for-profit,nongovernmental hospital.$260,000 cash was spent on equipment from donations restricted for that purpose.
$$\begin{array} { l l } \text { Debits: } & \\\text { Administrative services expense } & 200,000 \\\text { Contractual allowances } & 1,200,000 \\\text { Depreciation expense } & 700,000 \\\text { Employee disccunts } & 300,000 \\\text { General services expense } & 900,000 \\\text { Loss on sale of fixed assets } & 100,000 \\\text { Nursing services expense } & 4,000,000 \\\text { Resident and visiting professional services expense } & 3,000,000 \\\text { Phovision for bad debts } & 600,000\end{array}$$ $$\begin{array} { l l } \text { Credits: } & \\\text { Income from investment in clinic } & 120,000 \\\text { Ietient service revenues } & 10,000,000 \\\text { Iharmacy } & 400,000 \\\text { Cafeteria services } & 200,000 \\\text { Unrestricted contributions } & 350,000 \\\text { Unsestricted income from endowment funds } & 200,000 \\\text { Restricted donations for equipment purchases } & 500,000\end{array}$$ Required:
Prepare a statement of operations for Southtown Community Hospital at June 30,2014.