Bank received S1,000,000 cash for a certificate of deposit. The CD has a 3-year maturity and a 5% interest rate and only makes payments at maturity. Immediately, the proceeds from this CD used, plus equity, to issue a 4-year commercial loan. The bank gave out $1,200,000 cash for this loan which was priced to yield 8%, and will be paid back in 4 equal annual installments. These are the only two securities that the bank has (other than equity Prepare a balance sheet based on the information above, the two securities and equity, to help in calculating how much equity does the bank have? (a) p wih deals and es i'it pplicablpleyitunderstand not only the