First National Bank of Belle Mead has forecast its checkable deposits, time and sav- ings deposits, and commercial and household loans over the next eight months. The resulting estimates (in millions) are shown below. Use the sources and uses of funds approach to indicate which months are likely to result in liquidity deficits and which in liquidity surpluses if these forecasts turn out to be true. Explain carefully what you would do to deal with each month's projected liquidity position. Checkable Deposits Commercial Loans Consumer Loans $120 $650 $160 115 Time and Savings Deposits $550 500 500 485 465 650 230 210 January February March April May June July August 700 700 710 160 490 200 525 515 150