If a bank has gross charge-offs of $25 for the current year, recoveries of $40, and provision for loan losses of $30, how much will the reserve for loan losses change?
A) $45
B) $-15
C) $+15
D) none of the above.

Question

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The Answer of If a bank has gross charge-offs of $25 for the current year, recoveries of $40, and provision for loan losses of $30, how much will the reserve for loan losses change?
A) $45
B) $-15
C) $+15
D) none of the above.

If a Bank Has Gross Charge-Offs of $25 for the Current