A bank has the following balance sheet. It expects a net deposit drain of $2,500,000. Show the banks balance sheet if it used purchased liquidity to offset the expected drain. (6 points)

Assets Liabilities and Equity

Cash $900,000 Deposits $7,250,000

Loans 4,500,000 Equity 1,900,000

Securities 3,750,000

Total Assets $9,150,000 Total Liabilities and Equity $9,150,000