A Hospital had an equity balance of $1.38 million at the beginning of the year. At the end of the year its equity balance was $1.98million dollars. Assumed that Mount Sinai Hospital is a...

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Hospital had an equity balance of $1.38 million at the beginning of the year. At the end of the year its equity balance was $1.98million dollars. Assumed that Mount Sinai Hospital is a not-for-profit organization.  What was its net income for the period?