Part 2 - Practice- Use the balance sheet for Leon's Bank below to answer the following questions. Required reserves Demand deposits Excess reserves Owner's equity Customer loans Government securities (bonds) $7,000 Building and xtures $4,000 6. Calculate the required reserve ratio. Explain how you got your answer. 7. Suppose that an individual deposits $5,000 of cash into her checking account. What is the immediate effect of the cash deposit on the M1 measure of the money supply? Explain