Mil Fidelity Bank has the following financial information: Fidelity Bank Assets Liabilities Mil Reserves $1,000 Saving deposits Commercial loans $6,000 Inter-bank borrowed funds Securities $1,600 Bank capital $6,000 $1,400 $1,200 You are required to hold 8% of deposits as reserves. Determine if Fidelity Bank is currently holding any excess reserve. Show the balance sheet (T-account) of Fidelity Bank after the deposit outflow. (3 marks) b. On the second day of operation, customers decide to withdraw $800 million in saving deposits from Fidelity Bank. Show the balance sheet (T account) of Fidelity Bank after the deposit outflow. Is there any problem after the withdrawal? If so, what is it? Explain. (4 marks) Identify FOUR options available for Fidelity Bank to resolve the problem identified in question 4(b). And, examine the costs that might be incurred under each of the options that you have suggested. c. To illustrate your answers, you are required to show the balance sheet (T account) for each of the options suggested