The First National Bank of Towanda has reported Net Income in the amount of $19.24. Calculate the equity multiplier for the FIrst National Bank of Towanda.

Assets	Amount		Liabilities and Equity	Amount
Cash	80		Non-interest deposits	150
Securities	300		NOW checking	150
Loans, net	570		MMDA	300
Fed funds sold	0		CDs	150
Non-earning assets	50		Fed Funds purchased	150
	$1,000		Equity	100
				$1,000