Calculate the Interest Income, Interest Expense, Net InterestIncome, and Net Interest Margin for the
bank listed below. Use Total Assets for ratios (rather than earningassets). "%" denotes the interest rate
earned or paid on the designated asset or liability category.Please show your work in order to receive credit.

Assets	Amount	%		Liabilities and Equity	Amount	%
Cash	80	0.0%		Non-interest deposits	100	0.0%
Securities	250	6.0%		NOW checking	200	2.0%
Loans, net	620	7.0%		MMDA	300	4.0%
Fed funds sold	0			CDs	150	5.0%
Non-earning assets	50			Fed Funds purchased	150	3.0%
	$1,000			Equity	100
					$1,000