1. a) NewBank started its first day of operations with $6 million in capital. A total of $100 million in checkable deposits is received. The bank makes a \$25 million commercial loan and another $25 million in mortgage loans. If required reserves are 8%, what does the bank balance sheet look like? b) NewBank decides to invest $45 million in 30-day T-bills. The T-bills are currently trading at $4,986.70 (including commissions) for a $5,000 face value instrument. How many do they purchase? What does the balance sheet look like