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Good Bank: Cash Good loans Bad Loans Totals Bad Bank: Cash Loans $200 $1,000 $380...

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Good Bank: Cash Good loans Bad Loans Totals Bad Bank: Cash Loans $200 $1,000 $380 $1,580 Deposits Purchased funds Equity $1,000 $300 $280 $1,580 $240 0 Bonds Preferred stock Common stock $120 $40 $80 $240 Totals $240 Bad Bank buys the bad loans for $232. The proceeds of the loan sale 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? $1,200. $232. $132. lo o o $68. $0

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