For this table, assume that al! banks observe the same required reserve ratio requirement Aiso assume that the banks are iisted in sequentiai order (thus the loans from the First National Bank become the deposits for the Second National Bank, and the loans from the Second National Bank become the deposits for the Third Nationai Bank, and so on.) Aisa, the bank's balance sheets must aiways be balanced. Table: Multiple Deposit Expansion First National Bank ASSETS LIABILITIES Required reserves Deposits $400,000 Loans $360,000 TOTAL TOTAL Second National Bank ASSETS LIABILITIES Required reserves Deposits Loans TOTAL TOTAL Third National Bank ASSETS LIABILITIES Required reserves Deposits Loans TOTAL TOTAL Reference Ref153 [34-3) ('l'able: Multiple Deposit Expansion] Refer to the table. For the multiple deposit expansion process described in this table, what is the maximum amount of loans that the Second National Bank can make if it holds only the required reserves? 0 A. $308,089.60 0 B. $30,470.40 0 c. $311,475.20 D. $324,000