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b. Toshi then writes a check from his checking acccunt to purchase the delivery truck from Bob's Motors for the entire amount of the loan,

b. Toshi then writes a check from his checking acccunt to purchase the delivery truck from Bob's Motors for the entire amount of the loan, $28,500. Bob's Motors deposits the check in its checking account at XYZ Bank. What will ACME Bank's balance sheet look like after the check has been processed? Fill in the values in the table below. Assets Reserves Loans Property Answer is complete but not entirely correct. $ 35320 ACME Bank Balance Sheet 3 Liabilities and net worth Checkable deposits Stock shares $ 35,320 $ 28,500 $ 274,000 $ 120,000 $ 290,000 c. After all transactions are complete, how much in additional loans can ACME Bank make to its other customers? Assume the reserve requirement is 5 percent. Return to qu
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b. Toshil then writer a check from his checking occesnt to purchase the delivery truck from Botis Motory for the entire amotint of the after the check has been procested? Fill in the valuen in the table below. c. After all transactions ore complete, how much in additional loans can ACME Bank make to its other customers? Assume the reserve requirement is 5 percent. The boinnce theref for the newly formed NCME Honk ns chown below Instructiens: Erater your nnawers ot a whole number a. Toshi, the owner of Topris Produce, hos obtaned a barik loan of 328.500 to buy a new detivery truck The amount of the toan wit loon has been frolzzed? Fill in the volues in the table b. Tasty then wines a check from his checking account to purchase the delivery ruck from Bobs Motors for the entire arrioum of the ofter the check has been processed? Fial in the values in the toble betow

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