Consolidated balance sheet for the chartered banking system. Assume the desired reserve ratio is 20 percent. All figures are in billions. Assets Cash Reserves $75 Securities 70 Loans 130 Property 200 Liabilities and net worth Demand Deposits $318 Stock shares 157 Refer to the above information. After a deposit of $12 billion of new currency into a chequing account in the banking system, excess reserves will increase by: Select one: O a. $9.6 billion. O b. $66 billion. O c. $12 billion. Od. $87 billion