Use the following information to answer the questions below.

NUT 250

Exports 500

Net increase in foreign ownership of U.S.based nonreserve assets 400

Net increase in U.S. government's foreign assets 30

Net increase in U.S. private assets 250

Investment income received in the U.S. 200

Net increase in U.S. ownership of official reserve assets 20

Imports 600

Net increase in foreign ownership of U.S. reserve assets 100

Investment income paid abroad by the U.S. 300

1. What is the current account balance?
2. Does the financial account equal the current account?
3. What is the statistical discrepancy?