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Suppose a bank has an ALL of 2.55 million at the beginning of the year and charges current income for 0.85mil provision for loan losses,

Suppose a bank has an ALL of 2.55 million at the beginning of the year and charges current income for 0.85mil provision for loan losses, charges of worthless loans of 0.15 mil and recovers 0.18mil on loans previously charged off. What will be the balance in the bank's ALL at the year end? The Gross Loans are 35mil, what will be the value of Net Loans at the end of the year Suppose a bank has an ALL of 2.55 million at the beginning of the year and charges current income for 0.85mil provision for loan losses, charges of worthless loans of 0.15 mil and recovers 0.18mil on loans previously charged off. What will be the balance in the bank's ALL at the year end? The Gross Loans are 35mil, what will be the value of Net Loans at the end of the year

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