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Bank of Detroit has checkable deposits of $2,225 and faces a required reserve ratio of 6%. On the asset side of balance sheet the bank

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Bank of Detroit has checkable deposits of $2,225 and faces a required reserve ratio of 6%. On the asset side of balance sheet the bank has loans and reserves. If the bank is currently holding excess reserves of $35.5, the the bank's total reserves must be at ____ and the value of its loans must be 161; 2084 164.5: 2060.5 169; 2056 170.5: 2054.5

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