5. Construct a balance sheet to mark the follow activities of Melvin Bank which opened in year 2000 on its balance sheet. (20 points) The founder of the bank, Melvin, raised $500 by selling shares of the bank's stock to his friends. Another friend of Melvin, Britt, deposited $1,000 in cash in his checking account in Melvin Bank. a. b. To raise more funds, Melvin tried to attract more deposits. He successfully convinced Arthur on the phone to purchase a 1-year CD with the amount of $5,000 c. d. By holding all the capital and deposits that mentioned above, Melvin decided to keep 10% as reserves, spend 30% on purchasing 1-year T-bills, and lend the rest 60% to Harriet for her eSmells business One day during the year Melvin Bank met a minor liquidity crisis due to a large withdrawal from Britt's checking account. Melvin had to borrow overnight funds from Mega bank, another commercial bank in town for $200 And during the day, Melvin kept the $200 as vault cash for Britt to withdraw. Melvin Bank sold a standby letter of credit to Harriet's eSmells business and earned $120 from this activity. e. f