A commercial bank named First Lender initially holds the required amount of reserves at the Fed. Imagine that the Fed conducts an open-market operation and buys $30,000 of bonds from First Lender. Assume that the reserve requirement is 25%. What is the maximum possible amount that the national money supply could increase as a result of the open-market operation?

Group of answer choices

$60,000

$22,500

$120,000

$240,000