Problem 6 (1 point) A bank's Report of Condition shows gross loans and leases of $1,340 million. The loan loss al- lowance for the year is accumulated to $34 million and the bank reports an unearned income amounting to $6 million. The net loans and leases accounted by the bank would be million. (show your work) Problem 7 (1 point) A bank which starts with ALL of $1.67 million at the beginning of the year, charges off worthless loans of $0.43 million during the year, recovers $0.23 million on loans previously charged off and charges current income for a $1.18 million provision for loan losses, will have an ALL at the end of the year of $ million. (show your work)