3. A chartered bank has (in millions): $15 borrowed from the BoC, $5 borrowed from other banks, $30 reserves, $120 deposits, $80 loans, and $40 securities. Based on this information: a) Create a T-Account (hint: do not forget to include Bank Capital) b) What is the reserve ratio here? c) If the BoC decided to set the required reserve ratio at 10%, what is the Excess Reserves and how much more could this bank increase the money supply? d) What is the Leverage Ratio here? Is the bank violating the regulations of Basel III (Reminder: leverage ratio of 23)