b) Assume that XY Bank is the only commercial bank in the country with zero excess reserves and a reserve requirement is 2%. Suppose that a customer, Mr. Brown, deposits RM 50,000 in the bank of XY Bank. i. ii. Based on the information given: Construct a balance sheet for XY Bank. XY Bank lent out the whole amount of the excess reserve to Mr. Silver, who deposited the money to KK Bank that has zero initial deposits. Construct the bank sheet for KK Bank. iii. Calculate the total deposits. iv. Calculate the total reserves. V. Calculate the total loans created.