Brookdale Hospital hired an inexperienced controller early in 20X4. Near the end of 20X4, the board of directors decided to conduct a major fund-raising campaign. They wished to have the December 31, 20x4 statement of financial position for Brookdale fully conform with current generally accepted principles for hospitals. The trial balance prepared by the controller at December 31, 20X4, follows Debit Credit Cash Investment in Short-Term Marketable Securities Investment in Long-Term Marketable Securities Interest Receivable Accounts Receivable Inventory Land Buildings & Equipment Allowance for Depreciation Accounts Payable Mortgage Payable Fund Balance $100,800 200,500 300,900 15,900 55,300 35,800 122,000 935,400 $ 259,100 41,900 320,900 1,144,700 Total $ 1,766,600 $ 1,766,600 Additional Information 1. Your analysis of the contributions receivable as of December 31, 20X4, determined that there were unrecognized contributions for the following Unrestricted use Cancer research Purchase of equipment Permanently restricted endowment principal $40,200 10.200 21.500 30,300 Total $102,200 2. Short-term investments at year-end consist of $150,500 of unrestricted funds and $50,000 of funds restricted for future cancer research. All of the long-term investments are held in the permanently restricted endowment fund 3. Land is carried at its current market value of $122,000. The original owner purchased the land for $71,400, and at the time of donation to the hospital, it had an appraised value of $96,300 4. Buildings purchased 11 years ago for $603,000 had an estimated useful life of 30 years. Equipment costing $150,900 was purchased 7 years ago and had an expected life of 10 years. The controller had improperly increased the reported values of the buildings and equipment to their current fair value of $935,400 and had incorrectly computed the accumulated depreciation 5. The board of directors voted on December 29, 20X4, to designate $101,100 of unrestricted funds invested in short-term investments for developing a drug rehabilitation center Required: Prepare a balance sheet for Brookdale Hospia a December 31, 20X4. (Amounts to be deducted should be indicated with minus sign.)