You Know the Following Information About the Davis National Bank

question 89

Multiple Choice

You know the following information about the Davis National Bank: $\begin{array} { l r } \text { Total interest expenses } & \$ 500 \\\text { Total noninterest income } & 100 \\\text { Securities gains (losses) } & 50 \\\text { Income taxes } & 80 \\\text { Dividends to stockholders } & 40 \\\text { Total interest income } & 800 \\\text { Total noninterest expenses } & 150 \\\text { Provision for loan losses } & 100\end{array}$
Given this information,what is the value of this firm's net income?

• A)$300
• B)$150
• C)($50)
• D)$120
• E)$80