Question: quick!! Question 8 to Question 10 are based on the Balance Sheet information of Good Bank - Bad Bank below: Good Bank: Cash $200 Deposits

 quick!! Question 8 to Question 10 are based on the Balance
Sheet information of Good Bank - Bad Bank below: Good Bank: Cash
quick!!

Question 8 to Question 10 are based on the Balance Sheet information of Good Bank - Bad Bank below: Good Bank: Cash $200 Deposits $1,000 Good loans $1,000 Purchased $300 funds Bad Loans $380 Equity $280 Total $1,580 $1,580 Bad Bank: Cash $240 Bonds $120 Loans O Preferred stock $40 Common stock $80 Total $240 $240 Bad Bank buys the bad loans for $232. Out of the total $232 proceeds of the lo sale, $215 are used by Good Bank to pay off purchased funds. What will be the total assets of Good Bank after the sale of the loans? What will be the total assets of Good Bank after the sale of the loans? 9 A) $1,200. B) $1,217. OC) $1,432 D) $1,580. E) None of the above

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