Consider Octa Bank, which has the following partial balance sheet:

Assets	Liabilities and Equity
Government bonds $10,000 Deposit in the Fed $24,000 Cash $15,000 Other Assets $110,000	Checking accounts $100,000 Savings accounts $29,000 Borrowings from other banks $10,000 Equity $20,000

Calculate this bank's required reserves.

Calculate the maximum amount of money that the entire banking system, working together, can create, starting with Octa Bank's reserves position.

Let's say that Octa Bank is completely identical to every other bank in the area, and citizens hold $30,000 in cash, calculate the actual amount of money that the entire banking system, working together, can create, starting with Octa Bank's reserves position.