First Bank has the following balance sheet in millions of dollars with the Basel II risk weights given in parentheses:

Table 1:

Assets	Amount	Liabilities	Amount
U.S. Govt T-Bonds (0%)	$150	Deposits	$1,420
Municipal Bonds (20%)	$250	Subordinated Debt (Tier II)	$20
High Yield Corporate bonds (50%)	$350	Preferred Stock (Tier II)	$25
Consumer Loans AAA-rated (20%)	$450
Commercial Loans BBB-rated (100%)	$300	Equity (Tier I)	$35
Total	$1,500	Total	$1,500

1.

Based on the information from table 1 calculate the amount of capital the bank will need to cover Basel II standards. Round down to the nears whole number and show in the $xx format.

Does the bank have enough capital to meet Basel II standards? Input either "Yes" or "No" in the "fill in the blank" box

2. The bank wishes to keep its Tier 1 capital ratio at 6% of risk adjusted assets. It will sell a portion of its High-Yield Corporate Bonds and invest the proceeds in U.S. government bonds. In terms of dollars, how much of the Corporate Bonds should the bank sell and then reinvest in U.S. government bonds? Show your answer to the nearest whole dollar in the xx format, $86 enter as 86