The table below is the balance sheet for the Senators Bank. The target reserve ratio is 6% Assets (1) (2) Liabilities / Equity Reserves $40.000 $ $ Demand deposits Loans 380,000 Shareholdersequity Securities 76.000 Fixed assets 54,000 12) $390,000 89,00 5 5 Total 5470,000 Totat 5478,680 a. The size of the bank's excess reserves is $ b. Change the balance sheet in columns (1) to show the effect of the bank loaning out an amount equal to its excess reserves. c. Now change the balance sheet in columns (2) to show the effect of a cheque for the amount of the town in part (b) clearing against the bank d. Suppose instead that the target reserve ratio is 18%. What is the bank's reserve situation, and what action will it take? The Senators Bank is Click to select by $ and will need to click to select in the amount of $