1. Given the UOB Bank (a commercial bank) balance sheet contains the following items; Stock shares, $300,000; Reserves, $60,000; Property, $290,000; Checkable deposits, $150,000; Securities, $40,000; Loans, $60,000 and Reserve Requirement Ratio = 20%. Answer the following three (3) questions.

a. Kent a depositor at the UOB bank, is applying for a loan worth $10,000 and his application is approved. Show the adjustment that takes place in the UOB Bank's balance sheet.

b. Kent is making a full loan repayment. Show the adjustment that takes place in the UOB Bank's balance sheet.

c. The central bank sells government securities to the current commercial bank worth $100,000. Show the adjustments that take place in the UOB Bank's balance sheet.