I struggle homework accounting

Problem #2 – Chapter 14 – Nonprofit Hospital Financial Statements – 35 pts Whitt Valley Presbyterian Hospital is a nonprofit initial care facility. For the hospital’s calendar year ending December 31, 2019, prepare the followings: (I) journal entries to record the transactions listed in a. through n. below (10 pts), (II) ledger accounts (T-accounts showing the ending balance at December 31, 2019 (10 pts). (III) a trial balance based on your entries and the beginning balances listed at o. below, and (10 pts.). (IV) a Statement of Operations and a Statement of Changes in Net Assets for the hospital (10 pts.). a. Third-parties payers and direct-pay patients were billed $6,500,000 at the hospital's established billing rates b. The hospital determined that certain of its patients qualified for charity care and that it would not seek to collect $950,000 at established billing rates from direct-pay patients c. The hospital estimated contractual adjustments for the year of $1,600,000 d. The hospital originally estimated uncollectible amounts from direct-pay patients to be $250,000 (recall that original estimated uncollectible amounts reduce revenue; only estimates specific to an individual patient are reported as bad debt expense). e. The hospital received capitation premiums of $2,500,000. It estimated that the cost of providing this care was $1,800,000 f. The hospital received payments from third-party payers and direct-pay patients totaling $3,500,000 g. The hospital received contributions of $1,100,000 that were restricted by donors for building a new urgent care wing h. The hospital paid salaries and wages of $4,500,000 in cash; these amounts are reported as patient care expense i. The fair value of investments required to be held in perpetuity increased by $25,000 j. The hospital received cash from interest and dividend income of $10,000 on investments without donor restrictions k. The hospital used $1,375,000 of net assets with donor restrictions to construct a new urgent care wing, consistent with the restrictions created by the donors l. The hospital reported depreciation expense of $475,000 m. The hospital used drug inventories of $365,000 n. The hospital incurred other operating costs for patient care of $275,000 on credit o. The hospital’s beginning of the year trial balance at January 1, 2019 was as follows: Whitt Valley Presbyterian Hospital Trial Balance As of January 1, 2019 Without Donor Restrictions With Donor Restrictions Debit Credit Debit Credit Cash $1,485,000 $401,600 Investments 153,000 40,000 Patient accounts receivable 250,000 Inventory—drugs 401,000 Property, plant, and equipment 4,400,000 Accumulated depreciation $600,000 Accounts payable 21,000 Net assets, January 1, 2019 - 6,068,000 - $441,600 $6,689,000 $6,689,000 $441,600 $441,600 Note: Attach Excel worksheet for the above problem.