Balance sheet of the Summer Bank

Assets	Liabilities
Cash $ 6,000 Deposited with the Fed $ 4,000 Loans $ 140,000	Deposits $ 90,000 Capital $ 60,000
Total $ 150,000	Total $ 150,000

The required reserve ratio on all deposits is 8%

a. What, if any, are this bank's excess reserves?

b. How much new amount of loan will this bank be able to create because of the excess reserves?

c. How much new amount of loan will the entire banking system be able to create because of this excess reserves?

d. Answer part a, b and c if the required reserve ratio is changed to 5%.