A private, not-for-profit hospital received a donation of medicine from the Xengen Pharmaceutical Company on February 13, 20X2. The cost of the medicine to the company was $34,000, and its market value was $76,000. Thirty percent of the medicine was used by the hospital during the year ended June 30, 20X2.
On the hospital's statement of operations for the year ended June 30, 20X2, the contribution of medicine would increase operating revenues by:
Business
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