Bank of Waikiki has $11,410 in checkable deposits, $10,114 in loans and $1,296 in reserves. The bank then receives a new deposit of $1,000. Let the required reserve ratio be 10%. After the deposit, the bank wants to hold exactly $250 in excess reserves, so after the deposit the bank should transform how much reserves into loans?

a. 778

b. 805

c. 822

d. 842