Q1) The simplified beginning Balance Sheet of ABC Bank on December 31^st , 2020 in Million USD is given by

Assets		Liabilities and Equities
Cash	$5	Deposits	$90
Marketable Securities	$10	Subordinate long-term debt	$5
Net Loans:	$80	Equity	$5
Fixed Assets	$5
TOTAL ASSETS	$100	Total Debt & Equity	$100

The simplified income statement of ABC Bank for a year between Jan 1^st, 2021 and Dec 31^st, 2021 in million USD is given by

Net Interest Income	$3.00
Provision for Loan Loss	-$0.80
Non-Interest Income	$0.90
Non-Interest Expense	-$2.50
Pre-tax operating Profit	$0.60
Tax (at 30%)	-$0.18
Net Income	$0.42

Assuming the following for the Bank ABC:

1. doesnt pay any dividend,
2. doesnt give any new loans, (Gross loans remain the same, net loans will change depending upon the provision for loan loss)
3. deposits remain at the previous level.
4. Subordinate long-term debt remains the same
5. Marketable securities remain the same
6. Fixed Assets Reman the same

What will be the Balance Sheet at Dec 31^st, 2021.

Assets		Liabilities and Equities
Cash		Deposits	$90
Marketable Securities	$10	Subordinate long-term debt	$5
Net Loans:		Equity
Fixed Assets	$5
TOTAL ASSETS		Total Debt & Equity