omplete the following table to reflect the Fed's sale on the balance sheet for First Main Street Bank. Assets Liabilities Reserves $42,000 Checkable Deposits $300,000 Loans $255,000 Based on its balance sheet, how can you characterise First Main Street Bank? The bank has $3,000 in excess reserves. The bank is reserve deficient. The bank has zero excess reserves. The bank has $38,250 in excess reserves