A commercial bank has checkable deposits of $880, loans of value $775 and reserves at $105. The bank then receives a new deposit of $64. The required reserve ratio is 15%. After the new deposit but prior to asset transformation, the bank has excess reserves of _____, and then after asset transformation, where excess reserves are zero, the bank's total value of loans is _____ .

Group of answer choices

$27.4; $896.8

$27.4; $802.4

$121.80; $896.8

$121.80; $802.4