1. Suppose that the following is on the respective balance sheets:

-Bank of Americahas $1,000,000 in treasury bonds, $400,000 in deposits

-the Home Buyerhas $100,000 in treasury bonds

-Wells Fargohas $2,000,000 in Central Bank Reserves, and $500,000 in deposits

-the Home Sellerhas a $1,000,000 home

Question:

1. What is the respective stockholder's equity (net worth) for Bank of America, the home buyer, Wells Fargo, and the home seller?