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You know the following information about the Miller State Bank: Gross Loans $ 3 0 0 Miscellaneous Assets$ 5 0 Deposits $ 3 9 0

You know the following information about the Miller State Bank:
Gross Loans $300
Miscellaneous Assets$50
Deposits $390
Total Equity $50
Common Stock Par$5
Non-Deposit Borrowings $60
Investment Securities $150
Net Premises $40
Surplus $5
Allowance for Loan Losses $50
Deposits $390
Total Assets $500
Gross Premises $70
Given this information, what is this firm's Net Loans?
$250
$350
$500
$50
$150
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