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A bank's beginning balance of Allowance for Loan Losses in 2020 is $1,100 million. Its net loan charge-offs during 2020 is $400 million, and its

A bank's beginning balance of Allowance for Loan Losses in 2020 is $1,100 million. Its net loan charge-offs during 2020 is $400 million, and its provision for loan losses in 2020 is $500 million. What is the ending balance of the Allowance for Loan Losses in 2020? Please show your steps

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