Cal Bank keeps no excess reserves and has a reserve requirement of \[20\%\]. Assume all money is held in banks. Professor Telphy has sold off his collection of drones for \[\$8{,}000\] and deposits it into Cal Bank. What is the maximum change in demand deposits in the banking system as a result of this deposit? Choose 1 answer: Choose 1 answer: (Choice A) \[\$30{,}000\] A \[\$30{,}000\] (Choice B) \[\$40{,}000\] B \[\$40{,}000\] (Choice C) \[\$8{,}000\] C \[\$8{,}000\] (Choice D) \[\$6{,}000\] D \[\$6{,}000\] (Choice E) \[\$32{,}000\] E \[\$32{,}000\]