For each of the following tasks, calculate the values of M0, M1, and M2 after the indicated change. Show your work where applicable, and clearly identify your answers for each. Explain why each one changed or did not change.

(e) Initial values: M0 = $100,000, M1 = $240,000, and M2 = $400,000. A person transfers $100,000 from a checking to a savings account.

M0 =

M1 =

M2 =

(f) Initial values: M0 = $60,000, M1 = $130,000, and M2 = $350,000. Someone purchases a $35,000 car with cash. The car dealership deposits the cash into its business checking account.

M0 =

M1 =

M2 =

(g) Initial values: M0 = $210,000, M1 = $400,000, and M2 = $900,000.A business withdraws $10,000 from its checking account for miscellaneous expenses.

M0 =

M1 =

M2 =

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