10:35 03-22 15:49 ] For example, suppose a banking firm anticipated loan losses this year of $1 million and held $100 million already in its ALL account. It would take a non-cash charge against its current revenues, entering $1 million in the provision for loan loss account(PLL) on its Report of Income. Now suppose the bank subsequently discovers that its truly worthless loans, which must be written off, total only $500,000. At about the same time suppose that management discovers it has been able to recover some of the funds (say $1.5 million)that it has previously charged off as losses on earlier loans. Often this belated cash inflow arises because the banking firm was able to take possession of and then sell the collateral that a borrower had pledged behind a defaulted loan. Then the ending balance in teh allowance for loan loss accoun(ALL) is $ million