Problem #3 Consider the simple Financial Intermediary (FI) balance sheet as shown below (in millions of dollars). Before the withdrawal Amount Liabilities/Equity Amount Cash Assets $30 Deposits $150 Corporate Loans $160 Equity $40 Total $190 Total $190 Suppose that depositors unexpectedly withdraw $80 million in deposits and the Fl receives no new deposits to replace them. Assume that the Fl cannot borrow any more funds in the short-term money markets, and because it cannot wait to get better prices for its assets in the future (as it needs the cash now to meet immediate depositor withdrawals), the Fl has to sell any nonliquid assets (corporate loans) at 75 cents on the dollar. What will be the equity (in millions of dollars) of the Fl after adjustments are made for the $80 million of deposit withdrawals? Assume no minimum cash reserve requirements