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Question 2 First National Bank of Schitt's Creek Assets Liabilities and Owners' Equity Reserves $90,000 Loans $35,000 Deposits $72,000 Debt $23,000 Capital (owners' equity) $25,000

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Question 2 First National Bank of Schitt's Creek Assets Liabilities and Owners' Equity Reserves $90,000 Loans $35,000 Deposits $72,000 Debt $23,000 Capital (owners' equity) $25,000 Short-term securities $??? Using the table above, if this bank is currently holding $29,600 in excess reserves then what is the reserve requirement in Schitt's Creek? TTT Anal 3 (12pt) T. Path

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