Consider the following balance sheet for Watchover Savings Incorporated (in millions): Assets Floating-rate mortgages (currently 15% per annum) 30-year fixed-rate loans (currently 12% per annum) Liabilities and Equity $ 74 Now deposits (currently 11% per annum) 97 5-year time deposits (currently 11% per annum) Equity $ 171 Total $ 112 20 39 $ 171 Total a. What is Watchover's expected net interest income at year-end? (Enter your answer in millions rounded to 2 decimal places. (e.g., 32.16)) b. What will be the net interest income at year-end if interest rates rise by 2 percent? (Enter your answer in millions rounded to 2 decimal places. (e.g., 32.16)) c. Using the one-year cumulative repricing gap model, what is the change in the expected net interest income for a 2 percent increase in interest rates? (Negative amount should be indicated by a minus sign. Enter your answer in millions rounded to 2 decimal places. (e.g., 32.16)) Answer is complete but not entirely correct. a. Net interest income $ 8.22 million 7.46 million b. $ Net interest income Change in net interest income c. 0.76 million