(Solved): The balance sheet for the newly formed ACME Bank is shown below. Instructions: Enter your answers a ...

The balance sheet for the newly formed ACME Bank is shown below. Instructions: Enter your answers as a whole number. a. Toshi, the owner of Toshi's Produce, has obtained a bank loan of \( \$ 33,000 \) to buy a new delivery truck. The amount of the loan will be added to the available balance of Toshi's checking account. What will ACME Bank's balance sheet look like immediately after the loan has been finalized? Fill in the values in the table. b. Toshi then writes a check from his checking account to purchase the delivery truck from Bob's Motors for the entire amount of the loan, \( \$ 33,000 \). Bob's Motors deposits the check in its checking account at \( X Y Z \) Bank. What will ACME Bank's balance sheet look like after the check has been processed? Fill in the values in the table below. c. After all transactions are complete, how much in additional loans can ACME Bank make to its other customers? Assume the reserve requirement is 10 percent.