Consider the balance sheet for the Wahoo Bank as presented below.

Using a required reserve ratio of 10% and assuming that the bank keeps no excess reserves, write the changes to the balance sheet for each of the following scenarios:

a. Bennett withdraws $200 from his checking account.

b. Roland deposits $500 into his checking account.

c. The Fed buys $1,000 in government securities from the bank.

d. The Fed sells $1,500 in government securities to the bank.

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Wahoo Bank Balance Sheet Assets Liabilities and net worth Government securities $1,600 Liabilities: Required reserves $400 Checking deposits $4,000 Excess reserves $0 Loans $3,000 Net worth $1,000 Total assests $5,000 Total Liablities and Net worth $5,000