ROUNDING SHOULD BE MADE AT THE FINAL STEP (IF ANY)

EXAMPLE IF YOUR ANSWER IS 57%, JUST WRITE 57

INCOME STATEMENT DATA FED FUNDS 336,500 72,000 TREASURY SECURITIES MUNICIPAL BONDS 248, CDC CORPORATE BONDS INTEREST INCOME NON INTEREST INCOME INTEREST EXPENSES NON INTEREST EXPENSES PROVISION FOR LOAN LOSSES TAX RATE 427,000 203,000 275.000 1 36,000 18.5% GROSS LOANS & LEASES RESERVE FCR LOAN LOSSES 48,000 12000 NET LOANS & LEASES OTHER ASSETS 31,000 TOTAL ASSETS LIABILITIES DEMAND DEPOSITS 514,000 SAVINGS ACCOUNTS 70C,CDC NOW ACCOUNTS MONEY MARKETS ACC. CD RETAIL CD WHOLESALE REPO'S OTHER LIABILITIES TOTAL LIABILITIES TOTAL EQUITY TOTAL LIABILITIES & EQUITY 300,000 37 12,500 578,CDC CALCULATE PROFIT MARGIN (PM) PRESENT YOUR ANSWER AS PERCENTAGE ROUNDED TO ZERO DECIMAL PLACES. DON'T USE THE PERCENTAGE SYMBOL EXAMPLE IF YOUR ANSWER IS JUST WRITE 57