5. (20 points) Suppose you deposit $1,000 dollar on Bank of America(BOA) and following T- account reflects the change of balance sheet for this activity. Assets Liabilities Reserves +$1,000 Deposits +$1,000 a. (5 points) When BoA decides to loan out money with 10% of required reserves, draw T- account for BoA. b. (10 points) If your neighbor gets loan from BoA and deposits all loan to PNC bank, draw two bank's T-account and calculate the amount of money created so far. c. (5 points) If this process repeats infinitely, how much money will be supplied in this economy?