A bank's customer wants to exercise a $$2,980,000$ loan commitment. Show the balance sheet after the loan is established using purchased liquidity to fund the loan. $(6$ points$)$

Assets Liabilities and Equity

Cash $ $1,930,500$ Deposits $$17,900,000$

Loans $12,873,400$ Equity $4,553,900$

Securities $7,650,000$

Total Assets $ $22,453,700$ Total Liabilities and Equity $22,453,700$