Crystal Soda produces lemon-lime soda. It incurred the following costs during the period (in thousands): Lemon Syrup $16,000 Delivery truck driver's wages $285 Freight-in for raw materials $1,300 Plant utilities $1,250 Assembly line wages $7,900 Plant janitor's wages $1,000 Customer hotline $220 Sales commissions $450 Bottles $1,490 Lime flavoring $1,020 What is the total amount of product costs for Crystal Soda for the period?

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.