7) a) The bank you own has the following balance sheet: Assets Liabilities Reserves $75 million Deposits $500 million Loans $525 million Bank capital $100 million lfthe bank suffers a deposit out flow of$50 million with a required reserve ratio on deposits of [0%. what actions should you take? b) Angus Bank holds no excess reserves but complies with the reserve requirement. The required reserves ratio is 9%, and reserves are currently $27 million. Determine the amount of deposits. the reserve shortage created by a deposit outflow of $5 million. and the cost of the reserve shortage if Angus Bank borrows in the federal funds market (assume the federal funds rate is 0.75%)