Please type the answer by computer, so that I can see it clearly.

Assume that the statutory reserve ratio is 10% and that the general public does not have any cash on hand. Examine the following commercial banking system's balance sheet.

(a) Construct a new balance sheet to demonstrate the direct impact if the central bank purchases $9,000 in bonds from the commercial banking system. Please write down the calculation steps. No explanation is needed.

(b) Calculate the maximum deposit amount after the central bank purchases 9,000 USD bonds from the commercial banking system. (show steps). Is the maximum deposit equal to the maximum money supply in this situation? Explain briefly.

(c) Now suppose that the public holds $15 for every $100 in deposits. Calculate the maximum deposits and money supply after the central bank purchases 9,000 USD bonds from the commercial banking system. (show steps) How would you explain the difference in the maximum money supply you get from (a) and (b)?

Liabilities $80,000 Assets Reserve Loans Securities and bonds Total $16,000 Deposits $52,000 $12,000 $80,000 Total $80,000 Liabilities $80,000 Assets Reserve Loans Securities and bonds Total $16,000 Deposits $52,000 $12,000 $80,000 Total $80,000