3. Following table shows the balance sheet of ABC National bank.

3. (a) Complete the table below if there is a deposit outflow of $15 million (5 points) -

ABC National Bank
Assets	Liabilities & Capital

3. (b) Following deposit outflow of $15 million, what would be the amount of cash that the bank has to keep reserves as required if the required reserve ratio of deposits is 10%? How much of that required reserves that bank needs to borrow or manage from external sources? (5 points)

3. (c) Complete the following tables for each type of alternative action that bank can deploy to manage the reserves shortages following the deposit outflow of $15 million. (10 points)

ABC National Bank
Assets	Liabilities & Capital

1. Borrowing from other banks at federal fund rate or other corporations