$8.$ a$).$ Prepare a balance sheet of a bank that has $20$ million in reserves, $40$ million in securities$,140$ million in loans, $150$ million in deposits and $50$ million in equity capital. What are bank$$s excess reserves if reserve requirement is $10\%.$

b$).$ suppose that checks drawn on the bank$$s accounts withdraw $10$ million. Show what the revised balance sheet looks like. What are excess reserves? How much does bank need to borrow$/$ suppose that bank borrows half of its reserves deficiency in interbank money market and other from central bank. Now what does its balance sheet look like?