As of december 31, 2010, the assets listed on the balance sheet of bank a were: $1.5 million in cash reserves, and $6 million in outstanding loans to its customers. its liabilities totaled $6.5 million in checking deposits. what was the bank's net worth on that date?

howard, fine, & howard is an advertising agency. the firm uses an activity-based costing system to allocate overhead costs to its services. information about the firm's activity cost pool rates follows: stooge company was a client of howard, fine, & howard. recently, 7 administrative assistant hours, 3 new ad campaigns, and 8 meeting hours were incurred for the stooge company account. using the activity-based costing system, how much overhead cost would be allocated to the stooge company account?