Using your answers to exercise S4-14, show how the Assiniboine Credit Union will report the following:
a. Whatever needs to be reported on the bank's classified balance sheet at December 31, 2016. (Ignore Cash).
b. Whatever needs to be reported on the bank's income statement for the year ended December 31, 2016.
c. Whatever needs to be reported on the bank's classified balance sheet at December 31, 2017. (Ignore Cash).
d. Whatever needs to be reported on the bank's income statement for the year ended December 31, 2017.