It is the holiday season, and you withdraw $2,000 from your account at First National Bank to purchase gifts.

Complete the following table to show how the bank's balance sheet changes, assuming a required reserve ratio of 20%.

First National Bank

Assets (Dollars) Liabilities(Dollars)

Reserves________ Checking Deposits_________

Addendum: Changes in Reserves _________

Actual reserves: _________

Required reserves _____________

Excess reserves _____________________