Darlin Hospital, a private not-for-profit hospital, had the following cash receipts for the year ended December 31, 2005:
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|
Patient service revenue |
$300,000 |
|
Gift shop revenue |
25,000 |
|
Interest revenue restricted by donor stipulation for acquisition of equipment |
50,000 |
As a result of these cash receipts, the hospital’s statement of cash flows for the year ended December 31, 2005, would report an increase in operating activities of
- $325,000
- $375,000
- $350,000
- $300,000