Consider the accompanying balance sheet for Canadian chartered bank. If an additional $2,000,000 is deposited into the bank, then the amount of new loans (beyond its existing loans) that this chartered bank could make would be $. (Enter your response as a whole number.) Assets Reserves Desired Excess Loans Securities Total Assets ($000s) 20,000 7,600 220,000 60,000 300,000 Liabilities Deposits Advances from Bank of Canada Borrowings Capital Total Liabilities ($000s) 190,000 0 45,000 65,000 300,000

Consider the accompanying balance sheet for a Canadian chartered bank If an additional $2,000,000 is deposited into the bank, then the amount of new loans (beyond its existing loans) that this chartered bank could make would be \$ (Enter your response as a whole number)