Murky Mortgage Corp. is a mortgage lender. The following information relates to Murky Mortgages portfolio of loans

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Murky Mortgage Corp. is a mortgage lender. The following information relates to Murky Mortgage’s portfolio of loans held for investment at December 31, 2006:

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What is the amount of loans held for investment net of allowance for loan losses on the balance sheet at December 31, 2006?

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