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Question 20 Refer to the balance sheet below: How much total capital (Tier 1 plus Tier 2) does the bank have? Bank Assets Cash and

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Question 20 Refer to the balance sheet below: How much total capital (Tier 1 plus Tier 2) does the bank have? Bank Assets Cash and Treasury Securities $ 2,500 Repurchase Agreements $ 1,000 Municipal Bonds $ 1,500 Single Family Home Mortgages $ 2,700 Commercial Loans $ 4,000 Agricultural Loans $ 1,500 Allowance for Loan Loss $ (350) Bank Buildings $ 2,000 Goodwill $ 150 Total $15,000 Bank Liabilities Deposits $ 13,800 Subordinated Debt $ 250 Cumulative Preferred Stock $ 200 Common Stock $ 100 Common Stock Surplus $ 300 Retained Earnings $ 350 444440 $ 15,000 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)

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