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On the asset side, a bank has the following entries in the year 2 0 2 3 : Mortages: $ 1 2 0 0 Mortgage

On the asset side, a bank has the following entries in the year 2023:
Mortages: $1200
Mortgage-backed securities: $1000
Cash: $300
On the liability side, it has:
Deposits: $500
Short-term debt: $1500
long-term debt: $300
In 2024, some creditors that provide short-term funding do not want to lend to the bank anymore, so they demand that the bank pay back $600 out of the $1500 in short-term debt. The bank liquidates its cash to pay back its debt, but that is not enough. Therefore, it needs to liquidate some of its mortgage-backed securities. These mortgagebacked securities are very illiquid, and the bank can liquidate them at only 50% of their value.
What is the new net worth of the bank after liquidating the amount of mortgage-backed securities needed to exactly pay back the creditors who demand their money back?
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