The Savings Bank Balance Sheet Year ended 31/12/2019 Assets Liabilities & Equity $ (000) $ (000) Savings Fixed Cash 10,000 deposits 85,000 Investments 50,000 deposits 55,000 Loans 105,000 40,000 Other 15,000 Equity Total Liab. Total Assets 180,000 180,000 & Equity The Savings Bank (CB) has been in operations for the past twenty five years. Due to the small operation, the growth of the bank has been very low. Approximately 30% of the loans are fixed rate and the other 70% are floating. The income on the loan portfolio is 8%. The investments are a mixture of equities (50%) and bonds (50%). The income on the equities average 10%. The bonds are fixed at 7% and duration of 5. They are non-callable with an average maturity of 8 years. The fixed deposits are all one year maturities with an average interest at 3%. The savings account pays 1%. You have recently joined the bank and your supervisor is preparing his report for the asset liability management committee and is seeking your help in answering the following questions: A What was the net interest income in 2019. (4 marks)