Nittany Lion Bank has the following balance sheet (in $m ), with the risk weights in parentheses. Nittany Lion Bank also has the following off-balance sheet item: A $30 million in performance-related standby letter of credit (SLC.) to a public corporation with a conversion factor of 50%. Simplifying assumptions: - Risk weights of all off-balance sheet items are equal to 100%. - Regulator's CET 1 ratio for adequate capitalization is 4.5%. Tier 1 ratio is 6.0%, and Total capital ratio is 8.0%. - There are no restrictions on how much subordinated debt and reserves you can count as Tier Il capital. - Items that do not show up on the balance sheet (e.g., Goodwill) have a value of zero. Answer the following question using the information above. How much Tier 1 capital does Nittany Bank have (in $m)