s 20-22 are related to the following financial statements for a Bank (as of 12/31/2002): Income statement Interest on U.S. Treasury & agency securities $44,500 Interest on municipal bonds 60,000 Interest and fees on loans 189,700 Interest paid on interest-checking accounts $33,500 Interest paid on time deposits under $ 100,000 72,000 Interest paid on jumbo CDs 101,000 Fees received on mortgage originations $23,000 Service charge receipts 41,000 Trust department income 15,000 Provisions for loan losses = $ 18,000 Net interest income after provisions = $68,700 Employee salaries and benefits $145,000 Occupancy expense 22,000 Income before income taxes $19,300 Income taxes 6,562 Net income = $12,738 20. The Bank's interest income for the year is: a. $184,200 b. $194,200 c. $294, 200 d. $302,200 e. $354,200 21. The interest expense for the year is: a. $206,500 b. $194,500 c. $294, 500 d. $202,500 e. $254,500 22. The non-interest income for the year is: a. $82,000 b. $79,000 c. $74, 000 d. $72,000 e. $84,000