Table 14-1 -Refer to Table 14-1.Suppose a Transaction Changes a Bank's Balance

Multiple Choice

Table 14-1

-Refer to Table 14-1.Suppose a transaction changes a bank's balance sheet as indicated in the T-account,and the required reserve ratio is 10 percent.As a result of the transaction,the bank has excess reserves of

A) $0.
B) $400.
C) $3,600.
D) $4,000.