First Commercial Bank has the following information on its T-Chart: Deposits:$1 million; Net Worth:$400,000; Actual Reserves:$500,000; Required Reserves:$100,000; Total Assets: $1.4 million. How much is First Commercial's Excess Reserves?

$400,000

$100,000

$300,000

$500,000

Given the information in question 1: how much is First Commercial Bank's Required Reserve Ratio?

15%

10%

12%

20%

Given the information in question 1, what is the total amount of loans First Commercial Bank can make?

$600,000

$700,000

$800,000

$1,000,000

Given the information in question 1, what is First Commercial Bank's total Liabilities and Net Worth?

$1 million

$1.2 million

$1.4 million

$1.5 million