Question: Client wants to borrow and has presented account statement for assessment. Month Total Deposits ($) Total Withdrawals ($) High Balance Low Balance Average Balance Jun-24

Client wants to borrow and has presented account statement for assessment.

MonthTotal Deposits ($)Total Withdrawals ($)High BalanceLow BalanceAverage Balance
Jun-24$ 27,834,497.10$ 26,609,507.69$ 8,770,854.393928088.216,349,471.30
Jul-24$ 32,844,343.00$ 34,385,622.73$ 13,410,402.37$ 1,832,099.83$ 7,621,251.10
Aug-24$ 44,664,191.91$ 34,517,930.81$ 14,059,998.37$ 1,714,788.48$ 7,887,393.42
Sep-24$ 35,259,895.56$ 40,387,631.04$ 18,520,193.42$ 3,649,092.44$ 11,084,642.93
Oct-24$ 22,474,487.80$ 23,740,522.26$ 4,250,756.57$ 988,563.30$ 2,619,659.93
Nov-24$ 21,007,003.84$ 16,676,659.67$ 5,180,521.45$ 1,137,283.86$ 3,158,902.65
Dec-24$ 38,710,262.14$ 37,589,951.38$ 6,066,683.48$ 692,603.24$ 3,379,643.36

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