Problem 3 Seattle Grace Hospital's December 31, 20x1, balance sheet reported hospital net assets of $17,581. Seattle Grace's 20X1 operating income was 253 and investment income (loss) was (1142). Required: What was Seattle Grace's excess of revenues over expenses? What was reported as hospital net assets in Seattle Grace's balance sheet at December 31, 20X0? Balance Sheet Net Assets at Dec 31, 20X0 20X1 Excess of Revenues over Expenses Balance Sheet Net Assets at Dec. 31, 20X1