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Naperville bank has total assets of $ 1 0 0 million and equity capital of $ 3 million. Its income statement in 2 0 2

Naperville bank has total assets of $100 million and equity capital of $3 million. Its income statement in 2021 is as elow:
Net Interest Income
3
Provision for Loan Losses
(4.00)
Non-Interest Income
0.9
Non-Interest Expense
(2.50)
If the bank's tax rate is 30%, what is the new balance of its equity capital?
$3 million
$1.82 million
$1.18 million
$0.4 million
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