Bank A is the only bank in the country of Sunny-weather. The total amount of cash held by the public in Sunny-weather is $4,000. Initially, Bank As balance sheet is below. (There are no other holdings of assets or liabilities than those listed):

ASSETS	LIABILITES
Reserves $ 2,500	Checking Deposits $ 6,000
Loans $ 5,500	Net Worth ?
Total ?	Total ?

1.Complete Bank As balance sheet.Compute the money supply in Sunny-weather.

2.How much is the reserve required ratio in Sunny-weather if Bank A holds only required reserves? Round your answer to two decimal places, and show your work.

3..Assume instead that the required reserve ratio (R) is 10%. What dollar amount does Bank A have to hold as required reserves? Is Bank A holding excess reserves? How much?Based on total reserves of $2,500 (and checking deposits of $6,000), compute the money multiplier in Sunny-weather.

5.