You are going to set up your own commercial bank. I will give you the steps and most of the amounts. You will create a balance sheet for each step. (You can name your bank.)

Step 1 You have raised $500,000 by selling stocks.

Step 2 You need a place to do business. It will cost you $485,000 in set-up costs.

Step 3 You open for business. Customers come in with $85,000.

Step 4 You put all your reserves into the district Federal Reserve Branch.