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Under Lennon Hospitals rate structure, it earned patient service revenue of $9.3 million for the year ended December 31, 2017. However, Lennon did not expect to collect this entire amount because it deemed $1.55 million to be charity care and estimated contractual adjustments to be $830,000.

Under Lennon Hospltal's rate structure, It earned patient service revenue of $9.3 millon for the year ended December 31, 2017. However, Lennon did not expect to collect this entire amount because lt deemed $1.55 million to be charity care and estimated contractual adjustments to be $830,000. During 2017, Lennon purchased medical suppliles from Harrison Medical Supply Company at a cost of $4,300. Harrison notified Lennon that It was donating the supplies to the hospital. Lennon is a private not-for-profit entity: a. How much should Lennon record as patlent service revenue? (Enter your answer In mllons rounded to 2 declmal places.) b. How much should Lennon record as net patlent service revenue? (Enter your answer In millons rounded to 2 declmal places.) c. How should Lennon record the donation of the supplies? (Enter your answer in dollars not In millions.) a. Patient service revenue b. Net patient service revenue c Donation of the supplies rnillien rmillni

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