Problems: In order to earn full credit all your work including the complete formula must be shown. (Total 55 points) 1) The following information is available to you on the bank's statements (S million) Total bank assets Interest income on loans Interest expense paid on deposits Non-interest income Total non-interest expenses Provision for loan losses Income taxes 5600,000 14,400 6,000 2.400 3.600 240 120 Calculate the following ratios: (a) Net income after taxes - show complete income statement structure as discussed in lecture (10 points) (b) Net non-interest margin (5 points)