value instrument. How many T$-$bills does NewBank purchase? What does the balance sheet look like?

How many do they purchase?

New Bank can purchase T$-$bills. $($Round your answer to the nearest whole number$).$

What does the balance sheet look like? Complete the table below. $($Round your answers to two decimal places$).$

$\backslash$table$[[$Assets $($$$),,$Liabilities $($$$),.],[$Desired Reserves,million,Chequable Deposits,$110$ million$],[$Excess Reserves,million,Bank Capital,$],[$T$-$bills,million,,$],[$Loans$,50$ million,,$]]$