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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

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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 Agreement $ 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 Subordinated Debt Cumulative Preferred Stook Common Stock Common Stock Surplus Rotained Earnings 13,800 250 200 100 300 350 $ 15,000

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