The balance sheet of ARGH Insurance shows the following fixed and rate$-$sensitive assets and liabilities.

Assets Amount Rate Liabilities Amount Rate

Rate Sensitive $$35,000,00010\%$ Rate Sensitive $$40,000,0008\%$

Fixed Rate $$21,000,0009\%$ Fixed Rate $$12,000,0007\%$

Non$-$earning $$4,000,000$ Equity $$8,000,000$