18. Balance Sheet of Bank of New Jersey Assets Liabilities Cash $5.000 Checkable Deposits $20,000 Loans $15,000 Total Assets $20,000 Total Liabilities $20,000 Refer to the above balance sheet. If excess reserves equal $2,000, what must the reserve requirement be equal to? a. 15 percent. b. 3 percent. c. 10 percent. d. 2 percent