Blue spruce corp. uses a periodic inventory system. details for the inventory account for the month of january 2017 are as follows: units per unit price total balance, 1/1/2017 350 $6.00 $2100 purchase, 1/15/2017 170 ..6.10 1037 purchase, 1/28/2017 170 ..6.40 1088 an end of the month (1/31/2017) inventory showed that 280 units were on hand. how many units did the company sell during january 2017?

Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.