The average daily net transaction accounts of a local bank during the most recent reserve computation period is $589 million. The amount of average daily reserves at the Fed during the reserve maintenance period is $73.31 million, and the average daily vault cash correspondirig to the maintenance period is $8.36 million. What is the average daily reserve balance required to be held by the bank during the maintenance period and is this bank in compliance with reserve requirements? Multiple Choice $42.37 mililion; yes $6211 million; no $55.14 millione no $46.79 million yes