While Jon was walking to school one morning, a helicopter flying overhead drops a $100 dollar bill. Assume this is all the cash in the economy right now. Not knowing how to return it, Jon keeps the money and deposits it in the bank. Assume the reserve requirement is 10%; a. What is the M1 money after Jon deposits the $100 bill into a checking account? Explain how you know (2 points) b. Assume the banking system lends out all excess reserves and people deposit all their money into the bank. How much money will eventually be created by the banking system from Jon's $100? SHOW ALL CALCULATIONS. (3 points)