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Small Bank has the following Balance Sheet, rates earned on assets, and rates paid on its labilities. Total Assets $134,000 Total Liabilities & Equity 134,000

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Small Bank has the following Balance Sheet, rates earned on assets, and rates paid on its labilities. Total Assets $134,000 Total Liabilities \& Equity 134,000 If the bank earns $120,000 in noninterest income, incurs $80,000 in noninterest expense, and pays $2,200,000 in taxes, what is its net income

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