8. Consider the balance sheet below for Gold Rush Bank, NA. (a/k/a GRB Assets Liabilities Reserves = $270,000.00 Demand Deposits = $410,000.00 Loans = $90,000.00 Loans from FED = $20,000.00 Securities = $60,000.00 Cash = $50,000.00 25 65 The required reserve ratio (rr) is 100' and the portion of MI kept as currency (c) is 100 a. Calculate Required Reserves (RR) and Excess Reserves (ER) for GRB. a. Calculate the potential money multiplier (mp) and potential new money (Mp) created by GRB. b. Calculate actual money multiplier (ma) and actual Money created (Ma) by GRB. Show math work. Use integers or fully reduced fractions for mp or ma, NO DECIMALS. Calculate all items measured in dollars to the nearest penny