The following net transaction accounts have been documented by a bank for the computation of its reserve requirements (in millions). Tuesday Wednesday Thursday Friday Monday Tuesday Wednesday Thursday Friday 11th 12th 13th 14th 17th 19th 20th 21th $320 $ 270 $300 $280 $300 $320 $290 $280 $270 18th Net transaction accounts The average daily reserves at the Fed for the 14-day reserve maintenance period have been $23.8 million per day, and the average vault cash for the computation period has been estimated to be $3 million per day. a. What is the amount of the average daily required reserves to be held by the bank during the maintenance period? b. Is the bank in compliance with the requirements? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B What is the amount of the average daily required reserves to be held by the bank during the maintenance period? (Enter your answer in millions rounded to 3 decimal places. (e.g., 32.161)) Average daily required reserves $ 206.430 million Required A Required B The following net transaction accounts have been documented by a bank for the computation of its reserve requirements (in millions). Tuesday Wednesday Thursday Friday Monday Tuesday Wednesday Thursday Friday 11th 12th 13th 14th 17th 19th 20th 21th $320 $ 270 $300 $280 $300 $320 $290 $280 $270 18th Net transaction accounts The average daily reserves at the Fed for the 14-day reserve maintenance period have been $23.8 million per day, and the average vault cash for the computation period has been estimated to be $3 million per day. a. What is the amount of the average daily required reserves to be held by the bank during the maintenance period? b. Is the bank in compliance with the requirements? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B What is the amount of the average daily required reserves to be held by the bank during the maintenance period? (Enter your answer in millions rounded to 3 decimal places. (e.g., 32.161)) Average daily required reserves $ 206.430 million Required A Required B