100 You know the following information about the Webb State Bank $40 Accumulated depreciation Net loans 600 Fed Funds purchased and repurchase agreements 200 Cash and due from banks Trading account securities Miscellaneous assets Deposits 500 Undivided profits 140 Gross premises Surplus Subordinated debt Investment securities Common stock par 20 Gross loans Given this information, what is the value of this firm's allowance for loan losses? e $200 $1,000 S100 ES50 $1,300 160 700