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NewBank started its first day of operations with $115115 million in capital. A total of $109109 million in checkable deposits is received. The bank makes

NewBank started its first day of operations with

$115115

million in capital. A total of

$109109

million in checkable deposits is received. The bank makes a

$2727

million commercial loan and another

$2929

million in mortgage loans. The required reserve ratio is

9.69.6%.

(Note:

Information is based on NewBank's first month of operations.)

Complete NewBank's balance sheet shown below: (Round your responses to the nearest whole number.)

Assets

Liabilities

Required reserves

$nothing

million

Checkable deposits

$nothing

million

Excess reserves

$nothing

million

Bank capital

$nothing

million

Loans

$nothing

million

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