NewBank started its first day of operations with $7 million in capital. A total of $110 million in chequable deposits is received. The bank makes a $25 million commercial loan and lends another $25 million in mortgage loans. If desired reserves are 6%, what does the bank balance sheet look like? Complete the table below. (Round your answers to two decimal places). Assets ($) Liabilities ($) Desired Reserves million Chequable Deposits 110 million Excess Reserves million Bank Capital 7 million Loans million