Question 6 (10 points total): On Jul 22nd 2018, many different transactions happened across Canada between Banks. Consider the following payment flows from/to each Bank: from/to CIBC BMO RBC CIBC BMO RBC TD $70.00 $150.00 $80.00 $160.00 $60.00 $100.00 $180.00 $55.00 $400.00 $130.00 $45.00 $350.00 TD . a) (3 points) How much does CIBC to the other banks? What is TD owed by the other banks? How much does RBC have to pay to the Clearing House? Clearing House - Balance Sheet as of July 21st 2017 Assets Liabilities $1000 Cash TD $1000 Deposit TD $1000 Cash RBC $1000 Deposit RBC $1000 Cash BMO $1000 Deposit BMO $1000 Cash CIBC $1000 Deposit CIBC b) (7 points) The Balance Sheet above shows the Assets & Liabilities of the Clearing House on July 21" 2018. Use the T-Account below to show how the Balance Sheet of the Clearing House will look on July 22nd 2018