PLEASE ONLY ANSWER THIS QUESTION WITH THE CORRECT BALANCE SHEET TABLES AS ANSWERS, NOT THE BUSINESS CENTER PARAGRAPH PLEASE!!!

1. Let's assume 20 Hilltopper business school alumni get together to create Hilltop Bank. They each contribute $150,000 cash in the initial investment phase, and each is issued shares of stock in the bank. Right away, the bank purchases a furnished S. Congress building for $1,500,000 and deposits the remainder of its cash as reserves at the Fed. On Balance Sheet 1, show what the complete balance sheet of the bank looks like after the purchase of the property. 2. President Fuentes is Hilltop Bank's first customer, and she deposits $500,000 on behalf of St. Edward's into the school's new account there. a. On Balance Sheet 2, show what the balance sheet looks like after Pres. Fuentes deposits the money into the school's account at the bank. Again, assume that the bank keeps all of its cash in reserves at the Fed. b. Assuming a reserve ratio of 10%, how much does the bank need to keep in required reserves? Therefore, how much does it have available to loan out? 3. When Pres. Fuentes launched the new Strategic Plan last spring, a key goal is to improve and enhance campus technology resources. Pres. Fuentes convinces St. Sdward's to take out a $800,000 loan with Hilltop Bank to kick off this effort. On Esiance Sheet 3 , show what Hilltop Bank's balance sheet looks like after the bank grants required reserves? Therefore, how much does it have available to loan out? 3. When Pres. Fuentes launched the new Strategic Plan last spring, a key goal is to improve and enhance campus technology resources. Pres. Fuentes convinces St. Edward's to take out a $800,000 loan with Hilltop Bank to kick off this effort. On Balance Sheet 3. show what Hilitop Bank's balance sheet looks like after the bank grants the loan and deposits the loan funding into the school's account. 4. Holy Cross Technology Solutions gets the contract to complete the infrastructure upgrades, and St. Edward's writes a check for the full amount of the loan to the contractor. Holy Cross Tech Solutions deposits the $800,000 check into its own account at University Federal Credit Union. a. On Balance Sheet 4a, show what Hilltop Bank's balance sheet looks like after the check to Holy Cross Tech Solutions is cleared from the St. Ed's checking account. b. Switching gears to the credit union balance sheet, assume that UFCU's starting balance sheet had $1,500,000 in member equity (equivalent to stock shares), $900,000 in checkable deposits, $1,300,000 in property, $400,000 in loans, and the remainder of assets in reserves, before Holy Cross Tech Solutions deposited the check for $800,000 into its UFCU account. On Balance Sheet 4b, show what UFCU's balance sheet looks like after the check for construction has been deposited by Holy Cross into its account at the credit union. c. Assuming a 10% reserve ratio, what is UFCU's required reserves? How much does UFCU now have available to loan out? And what is the total maximum checkable-deposit creation from UFCU's loan capacity