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A bank has the following balance sheet. It expects a net deposit drain of $1,430,000. Show the banks balance sheet if it used stored liquidity

A bank has the following balance sheet. It expects a net deposit drain of $1,430,000. Show the banks balance sheet if it used stored liquidity to offset the expected drain.

Assets Liabilities and Equity

Cash $875,000 Deposits $6,900,000

Loans 3,950,000 Equity 975,000

Securities 3,050,000

Total Assets $7,875,000 Total Liabilities and Equity $7,875,000

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