NewBank started its first day of operations with $122 million in capital. A total of $105

million in checkable deposits is received. The bank makes a$21

million commercial loan and another $22

million in mortgage loans. The required reserve ratio is

9.7 %.

( 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		$___	million	Checkable deposits		$___	million
Excess reserves		$___	million	Bank capital		$___	million
Loans		$___	million