-13HWR 0 economy - Google Seare Saved Help Save & Exit Check my Smallville Bank has the following balance sheet, rates earned on its assets, and rates paid on its liabilities. Rate Earned (1) pped Book Balance Sheet (in thousands) Assets Cash and due from banks $ 7,400 Investment securities 36,000 Repurchase agreements 26,000 Loans less allowance for losses 94,000 Fixed assets 24,000 Other earning assets 5,000 Total assets $192,400 Liabilities and Equity Demand deposits $ 12,000 NOW accounts 83,000 Retail CDs 32,000 Subordinated debentures 28,000 Total liabilities 155,000 Common stock 17,000 Paid-in capital surplus 4,400 Retained earnings 16,000 Total liabilities and equity $192,400 rences Rate Paid (1) If the bank earns $134,000 in noninterest income, incurs $94.000 in noninterest expenses, and pays $2.640,000 in taxes, what is its net income? (Enter your answer in dollars, not thousands of dollars.) Net income Prev 1 of 10 !!! Next >