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the bank has the following assets: Total Reserves $2,580,000, Loans $1,230,000 , Securities $500,000 and Office Equipment of $800,000. It has demand deposits of $1,950,000,

the bank has the following assets: Total Reserves $2,580,000, Loans $1,230,000 , Securities $500,000 and Office Equipment of $800,000. It has demand deposits of $1,950,000, Fed Funds Purchased $410,000 and $2,750,000 in Capital. The Reserve Requirement is 15%. Given the following transactions: New loans: $1,650,000, New Securities $600,000, Sale of $37,500 in Fed Funds and New Deposits of $390,000 - calculate the new amounts for:

What is the new amount of Total
Reservesnothing
What is the new amount of Excess
Reservesnothing
What is the new amount of Required
Reservesnothing
What is the amount of Total
Assetsnothing
What is the amount of Total
Liabilities

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