2. While digging in a local cemetery, Igor uncovers a musty chest containing $1,000 in currency. He rushes it to deposit all $1,000 in his checking account at his bank, the "Helping Hand (HH) Bank'. Before Igor made his deposit, a balance sheet was as shown in Table 13.2 Tube 13.2 Initial Balance Sheet of WW Rank Assets (5) Liabilities (3) Reserves 200 Deposits 1,800 Total 2.000 Total 2.000 Complete Table 13.3 to show the balance sheet of the HH bank after Igor has deposited his $1.000 currency but before any other actions have been taken. TN 12 HH Renk Malu She Assets (5) Reserves Deposits Total Total 6. The required reserve ratio is 10%. After Igor's deposit, what are the banks: Actual reserves? . Required reserves? . Excess reserves? What is the maximum amount that the bank can loan? The bank loans the maximum to Drac, who wants to start a business. Complete Table 13.4 to show the balance sheet of the HH bank after the loan has been made and Drac has withdrawn and spent the proceeds of the loan. Tule u Bank Final Balance Sheet Assets (5) Liabilities (5) Reserves Deposits Loans 3. Continuing the above problem (2), Drac uses the loan to buy supplies from Ula. Ula deposits the proceeds in her bank "The Arm & Leg (A&L) Bank. Before the deposits, A&L Bank's balance sheet was the same as HH Bank's balance sheet as shown in Table 13.2. . In Table 13.5, show A&L Bank's balance sheet after Ula has deposited her funds. Tale IRS 1&L Bank Balance Sheet Liabilities (5) Deposits Reserve Loom Total Total The required reserve ratio remains at 10%. What are the bank's: Actual reserves? m. Required reserves? in. Excess reserves? What is the maximum amount that the bank can loan? 2. While digging in a local cemetery, Igor uncovers a musty chest containing $1,000 in currency. He rushes it to deposit all $1,000 in his checking account at his bank, the "Helping Hand (HH) Bank'. Before Igor made his deposit, a balance sheet was as shown in Table 13.2 Tube 13.2 Initial Balance Sheet of WW Rank Assets (5) Liabilities (3) Reserves 200 Deposits 1,800 Total 2.000 Total 2.000 Complete Table 13.3 to show the balance sheet of the HH bank after Igor has deposited his $1.000 currency but before any other actions have been taken. TN 12 HH Renk Malu She Assets (5) Reserves Deposits Total Total 6. The required reserve ratio is 10%. After Igor's deposit, what are the banks: Actual reserves? . Required reserves? . Excess reserves? What is the maximum amount that the bank can loan? The bank loans the maximum to Drac, who wants to start a business. Complete Table 13.4 to show the balance sheet of the HH bank after the loan has been made and Drac has withdrawn and spent the proceeds of the loan. Tule u Bank Final Balance Sheet Assets (5) Liabilities (5) Reserves Deposits Loans 3. Continuing the above problem (2), Drac uses the loan to buy supplies from Ula. Ula deposits the proceeds in her bank "The Arm & Leg (A&L) Bank. Before the deposits, A&L Bank's balance sheet was the same as HH Bank's balance sheet as shown in Table 13.2. . In Table 13.5, show A&L Bank's balance sheet after Ula has deposited her funds. Tale IRS 1&L Bank Balance Sheet Liabilities (5) Deposits Reserve Loom Total Total The required reserve ratio remains at 10%. What are the bank's: Actual reserves? m. Required reserves? in. Excess reserves? What is the maximum amount that the bank can loan