1.A DI with the following balance sheet (in millions of dollars) expects a net deposit drain of $15 million.

Show the DI’s balance sheet if the following conditions occur:
the DI purchases liabilities to offset this expected drain the reserve-asset adjustment method is used to meet the expected drain. LO 14.3

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Cash Loans Securities Total assets Assets $10 Deposits 50 Equity 15 $75 Total liabilities and equity Liabilities and equity $68 7 $75