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You were informed that a banks latest income statement and balance sheet contained the following figures: Gross loans $3000 Trading-account securities $20 Allowance for loan

You were informed that a banks latest income statement and balance sheet contained the following figures:

Gross loans

$3000

Trading-account securities

$20

Allowance for loan losses

150

Other real estate owned

40

Investment securities

360

Goodwill and other intangibles

30

Common stock

50

Total liabilities

3750

Surplus

150

Preferred stock

30

Total equity capital

300

Nondeposit borrowings

400

Cash and due from banks

100

Bank premises and equipment, net

200

Miscellaneous assets

250

Bank premises and equipment, gross

250

Calculate the following items:

  1. Total assets ____________
  1. Net loans
  2. Depreciation
  3. Total deposits

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