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Dublin State Hospital would have earned $3,000,000 of patient service revenue under its established rate structure for the year. However, it does not expect to collect this amount due to charity allowances of $75,000, discounts to third-party payers of $200,000, and an estimated uncollectible amount of $50,000. For the year, how much should Dublin State Hospital report as patient service revenue?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M942473

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