A bank has the following average deposit balances during the reserve computation period: NOW Accounts $91 million Demand Deposits $93 million CDs $138 million The legal reserve requirements set by the Fed are the following:

Deposit Balance ($mil)	Reserve Requirement
< $16.9	0%
$16.9 - $127.5	3%
> $127.5	10%

Calculate the dollar amount of required reserves (in $millions) that the bank is required to hold during the reserve maintenance period. Enter the value as a number rounded to two decimals using no dollar signs (e.g. $30 million is entered as 30.00).