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The balance sheet for ACME Bank is shown below. ACME Bank Balance Sheet 1 Assets Reserves Liabilities and net worth $ 74,000 Checkable deposits $

image text in transcribed The balance sheet for ACME Bank is shown below. ACME Bank Balance Sheet 1 Assets Reserves Liabilities and net worth $ 74,000 Checkable deposits $ 106,000 Loans Property 36,000 Stock shares 251,000 255,000 Suppose the bank decides to invest 25 percent of its excess reserves in short-term securities in order to earn interest. The bank issues a cashier's check to a securities dealer to purchase the securities. The securities dealer deposits the check into an account at a different bank. What will ACME Bank's balance sheet look like after the check has been processed? Fill in the values in the table below. Assume a required reserve ratio of 5 percent. Instructions: Enter your answers as a whole number. Assets Reserves Loans ACME Bank Balance Sheet 2 Liabilities and net worth Checkable deposits Stock shares Securities Property

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