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Total interest expenses $ 500 Total noninterest income 100 Securities gains (losses) 50 Income taxes 80 Dividends to Stockholders 40 Total interest income 800 Total

Total interest expenses $ 500 Total noninterest income 100 Securities gains (losses) 50 Income taxes 80 Dividends to Stockholders 40 Total interest income 800 Total noninterest expenses 150 Provision for loan losses 100 Given this information, what is the value of this firm's pretax net operating income (or net income before extraordinary items)? Multiple Choice $300 $150 ($50) $120 $80

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