A financial institution has the following balance:

Balance Sheet (in million)
Assets		Liabilities
Cash	28	Deposits	140
Government securities	18	Borrowed Funds	30
Other Assets	164	Equity	40
Total	210	Total	210

In 2020 COVID-19 increased the liquidity needs of a bank servicing the affected community as depositors withdrew deposits to the value of $64 million.

Withdrawal of Deposits
Assets		Liabilities
Cash		Deposits
Government securities		Borrowed Funds
Other Assets		Equity
Total		Total

Would you recommend this bank rely more on asset liquidity or liability liquidity to meet these additional requirements? Give reasons. Show how you would manage the banks liquidity position. What other information that the financial institution would possess would improve your decision. Be specific.