remember and follow through on? Be sure to use ADAS graphs 10. Consider the Cumulated Balance Sheets for the Federal Reserve System and the Commercial Banking System. Federal Reserve System Commercial Banking System Assets Liabilities Assets Liabilities Securities Reserves of CBS Reserves Demand Deposits = $260 billion - $200 billion = $200 billion - $320 billion Loans to CBS Treasury Deposits $90 billion =$50 billion I Loans Loans from the FED =$80 billion - $90 billion Currency in Circulation Securities = $100 billion =$70 billion Currency = $60 billion Show the effect of the following transactions on the balance sheets for the FED and the Commercial Banking System. Use the balance sheet answer tables provided by the instructor. Show only the items that change, the amount and direction of the changes, and show the new value for the items that changed. Also, note whether the transaction causes the money supply (M1) to shift left or shift right. Do not cumulate your answers. Be sure to give all answers for changes and new entries in billions of US Dollars ($). T1. Due to an increase in is and i, Customers of banks pay off $19 Billion in personal and commercial loans they owe to the Commercial Banking System. T2. The FED buys $23 billion in securities from the Commercial Banking System. T3. Commercial Banks ORDER $11 Billion in Currency FROM THE FED. T4. The FED sells $15 billion in securities to the Public