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Arrange the following items into an income statement. Label each item, place it in the appropriate category, and determine the banks bottom-line net income. Provisions
Arrange the following items into an income statement.
Label each item, place it in the appropriate category, and determine the banks bottom-line net income.
Provisions for loan losses $ 10,000
Non-interest expense $144,000
Non-interest income $ 89,000
Interest income $254,200
Interest expense $115,037
Taxes of 30 percent of taxable income are paid
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