How much provision for loan losses

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Reference no: EM131969386

At the beginning of 2017, the Regions Bank had a Loan Loss Reserve of $800,000. During the year it charged off $50,000 in loans on which it recovered $5,000. How much Provision for Loan Losses (PLL) should the bank have allocated over 2017 to keep its Loan Loss Reserve unchanged at the end of 2017?

Reference no: EM131969386

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