Consider the following balance sheet for WatchoverU Savings Incorporated ($ in millions):

Assets:

Floating rate mortgages (currently 12% annually) = $63

30-Year Fixed Rate loans (currently 9% annually) = 63

TOTAL = $126

Liabilities

NOW accounts (currently 8% annually) = $8

Time Deposits (currently 8% annually) = $2

Equity = $1

TOTAL = $12

a. What is WatchoverUs expected net interest income at year-end? b. What will be the net interest income at year-end if interest rates rise by 1 percent? (For all requirements, do not round intermediate calculations. Enter your answers in millions rounded to 2 decimal places. (e.g., 32.16))