The following scenarios focus on how the presence or absence of deposit insurance deposits affects the depositors' wealth. Suppose that Shen received an inheritance from his grandmother last month. This boosted the normal balance of Shen's savings account to its current balance of $278,500. Shen is the sole owner of the account. The maximum amount of coverage that would be provided if his bank failed tomorrow is Suppose that Antonio currently holds a checking account balance of $3,125 in the commercial bank down the street. His is the only owner of the account. If the bank failed this afternoon, the maximum amount of coverage that would be provided by the Bank Insurance Fund is $3,125. This statement is