Bank of America Corporation and JPMorgan Chase & Co. are leading financial institutions. Let's

compare their financial positions using the following data:

Bank of America Corporation:

● Total Assets: $500 billion

● Total Liabilities: $300 billion

● Total Equity: $200 billion

● Net Income: $30 billion

JPMorgan Chase & Co.:

● Total Assets: $600 billion

● Total Liabilities: $350 billion

● Total Equity: $250 billion

● Net Income: $40 billion

Compare the following: a) Total Assets b) Total Liabilities c) Total Equity d) Net Income