Michael Hospital, a nonprofit hospital affiliated with a private university, reported the following information for the year ended December 31, 2005:

Cash contributions received from donors for capital additions to be acquired in 2006


Proceeds from sales at hospital gift shop and snack bar


Dividend revenue not restricted by donors or by law


Using the information provided, what amount should be reported as “other revenue and gains” on the hospital’s statement of operations for the year ended December 31, 2005?

  1. $ 25,000
  2. $ 75,000
  3. $100,000
  4. $250,000