Assets (in millions)Liabilities (in millions)  Cash                               $ 800  CDs                         $2,000  Commercial loans             2,000  Savings accounts       1,500  Consumer loans                  600  Long-term debt           1,

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Assets (in millions)Liabilities (in millions)
  Cash                               $ 800  CDs                         $2,000
  Commercial loans             2,000  Savings accounts       1,500
  Consumer loans                  600  Long-term debt           1,000
  Prime mortgages                 800 
  Subprime mortgages            500 
  Total assets                    $4,700       Total liabilities           $4,500

. Assume housing prices increase and defaults on subprime mortgages rise, causing the bank’s assets in subprime mortgages to decrease from $500 to $350.

     Total assets are now $[removed] million

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