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Hapoy Bank starts with $500 in bank capital. It then takes in $1,000 I assets to make bank loans. in deposits. It keeps 10 percent

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Hapoy Bank starts with $500 in bank capital. It then takes in $1,000 I assets to make bank loans. in deposits. It keeps 10 percent of deposits in reserve. It uses the rest of its Complete the following balance sheet for Happy Bank Assets Deposits Happy Bank's leverage ratio is[ Suppose that 15 percent of the borrowers from Happy Bank default, and these bank loans become worthles Complete Happy Bank's new balance sheet Loans Bank Capt the declines b aving

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