3). On April 30, 2014, Pitman hospital had assets of $700,000, liabilities of $450,000, and net assets of $250,000. During May, the following transactions were completed. 1. Services rendered to patients, $200,000 2. Collection on patients' accounts, $150,000 3. Supplies purchased on account, $25,000 4. Payments on accounts payables to suppliers, $15,000 5. Supplies consumed on patient care services, $20,000 6. Other expenses paid in cash, $50,000 7. Purchase equipment for cash, $10,000 What were the amounts of Pitman Hospital's (1) Assets, (2) liabilities, and (3) net assets at May 30