Please answer based on these questions.

Suppose that the total holdings of banks in the U.S. were as follows: required reserves = $45 million excess resems = $15 million deposits = $751] million loans = $600 million Treasury bonds = $90 million a) Draw a T-account and show that the balance sheet balances if these are the onlyIr assets and liabilities. b) What happens to each of these values if hanks reduce their holdings of Treasury bonds by $7.5 million and the central bank changes the reserve requirement ratio to 5%? Illustrate your answer with a new T- account. c) Assume that people hold no currency. Howr much does the money supply change by if banks use their excess reserves to make loans? d) Draw a new T-account to illustrate your answer to part (c)