Consider a failing bank. If the FDIC uses thepayoff methodLOADING...,a deposit of$290,000290,000is worth a minimum of$enter your response here.(Round your response to the nearest whole number.)Part 2If the FDIC uses thepurchase and assumption methodLOADING...,a deposit of$290,000290,000is worth a minimum of$enter your response here.(Round your response to the nearest whole number.)Part 3Which method is more costly to taxpayers?A.The payoff method.B.The purchase and assumptionmethod.C.Both methods are equally costly to taxpayers.