Supgose the Fed selis $3,000 worth of gavernment securities to First Main Street Bank: Complico the followiog table to reflect the Fed's sale on the baiance sheet for First Main street fank. Suppose the Fed selis 53,000 worth of government securities to First Main Street Bank. Complete the following table to neflect the Fed's saie an the baiance shetet for first Main Street Banki. Based on its balance sheet, how can you characterise First Main The bank has $54,000 in excess reserves. The bank is reserve deficient. The bank has 53,000 in excess reserves. The bank has zeru excess reserves. Suppose the Fed sells $3,000 worth of government securities to First Main Street Bank. Complete the following table to reflect the Fed's sale on the balance sheet for First Main Street Bank. Based on its bak iw can you characterise First Main Street Bank? The b 00 in excess reserves. The b deficient. The bank has $3,000 in excess reserves. The bank has zero excess reserves