Check my work Suppose the simplified consolidated balance sheet shown below is for the entire commercial banking system and that all figures are in billions of dollars. The reserve ratio is 25 percent. 1 (a) (a) (b) Liabilities and net worth Checkoble depenits Assets Reserves Securities Low $ 1 200 $ 56 44 100 Instructions: Enter your answers as a whole number a. What is the amount of excess reserves in this commercial banking system? $ billion What is the maximum amount the banking system might lend? billion Show in rol Vatand how the ronchlirtated halance sheet wit Inok after this amount has been lent Enter these new van