(15 pts) 2. The following balance sheet (column 1) for "All Member Banks Combined" serves as a starting point. Assume a closed economy and not a Global economy exists. L A Assets Vault Cash 33 84,000 $ 84,000 Reserves at Fed Res 290,400 Required 276,000 Excess 14,400 Federal Funds Sold 432,000 432,000 Loans 5,760,000 Securities 1,680,000 Other Assets 1 2 1 1 2 1 Total Assets $9,528,000 5 Liabilities Demand Deposits $ 3,600,000 5 Time Deposits 4,195,200 4,195,200 FF Purchased 432,000 432,000 Loans, Discounts and Advances 14,400 14,400 Other Liabilities 417,600 417,600 Capital Account 868,m0 Total Liabilities + NW $9,528,000 5