New Bank has total checkable deposits of $90 million in its account. Its capital, including common stocks, retained earnings, preferred stocks and subordinated debt is $5 million. The reserves required by the central bank is 7% of total deposits. The bank invests in commercial loans with total loans value of $70 million. Assume New Bank does not invest in any other assets and has no other liabilities.

a) Show the bank's balance sheet.

Type your answer here b) Calculate the total risk-based capital ratio of the bank. You calculations or marks will be deducted. must show your work. (2 marks) Type your answer here c) Explain whether New Bank's total capital complies with Basel's total capital requirements. (Not more than 20 words, or marks will be deducted)

please do it in 35 minutes please urgently .. I'll give you up thumb definitely