3. This the first month's operations of NewBank. (10 marks) (1) New Bank started its first day of operations with $155 million in capital. A total of $92 million in checkable deposits is received. The bank makes a $28 million commercial loan and lends another $23 million in mortgage loans. If required reserves are 5.4%, what does the bank balance sheet look like? (2) New Bank decides to invest $273 million in 30-day T-bills. The T-bills are currently trading at $4,981 (including commissions) for a $4,940 face value instrument. How many T-bills do they purchase? What does the balance sheet look like