First National Bank certified Smith's check in the amount of $29. After certification, Smith altered the check so that it read $2,900. He presented the check to a merchant in payment for goods. The merchant then submitted the check to the bank for payment. The bank refused, saying it had certified the instrument for only $29. Can the merchant recover the $2,900 from the bank? 6. A check was drawn on First National Bank and made payable to Howard. It came into the possession of Carson, who forged Howard's indorsement and cashed it at Merchant's Bank. Merchant's Bank then indorsed it and collected payment from First National. Assuming that Carson is nowhere to be found, who bears the loss caused by Carson's forgery?