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 Gud Bank: \text { Gud Bank: } Bad Bank Buys the Bad Loans for $232

question 37

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 Gud Bank: \text { Gud Bank: }

 Cash $200 Goodloans $1,000 Bad Loans $380 Total $1,580 Bad Bank:  Cash $240 Loans 0 Total$240 Deposits$1,000 Puychased funds$300 Equity$280$1,580 Bonds$120 Preferred stock$40 Common stock$80$240\begin{array}{l}\begin{array}{lll}\text { Cash } & & \$ 200 \\ \text { Goodloans } & & \$ 1,000 \\ \text { Bad Loans } & & \$ 380 \\ \text { Total } & & \$ 1,580 \\ &\text { Bad Bank: } & \\ \text { Cash } & & \$ 240\\\text { Loans } & & 0 \\ \\\text { Total} & & \$ 240 \\\end{array}\begin{array}{lll}\text { Deposits} &\$ 1,000 \\ \text { Puychased funds} &\$ 300 \\ \text { Equity} &\$ 280 \\ & \$ 1,580 \\\\\text { Bonds} & \$ 120\\ \text { Preferred stock} &\$ 40 \\ \text { Common stock} &\$ 80 \\ & \$ 240 \end{array}\end{array}

Bad Bank buys the bad loans for $232.The proceeds of the loan sale are used by Good Bank to pay off purchased funds.
If the proceeds of the loan sale are used to pay off purchased funds,what will be the balance of the purchased funds for Good Bank after the transaction?

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Definitions:

Defense Counsel

A lawyer who represents a defendant in legal proceedings, protecting their rights and interests.

Charges

Refers to the fees or costs associated with services, such as counseling or psychological assessments.

Forensic Assessment

An evaluation of cognition, mood, personality, or behavior conducted by a licensed mental health practitioner for the purpose of assisting attorneys or the court in legal matters.

Legal System

The legal system is the framework of rules, courts, and institutions that govern the legal process and administration of justice in a society, including laws, regulations, and judicial decisions.

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