Refer to the Accompanying Balance Sheet for the First National

Multiple Choice

Refer to the accompanying balance sheet for the First National Bank of Bunco. All figures are in millions. Suppose that this bank currently has $6 million in excess reserves and that customers of this bank collectively write checks
For cash at the bank in the amount of $6 million. As a result, the bank's excess reserves diminish to

A) $0.
B) $6 million.
C) $0.72 million.
D) $0.84 million.