A. according to the information given in the problem determine the amount of transaction deposits held in commercial banks.B. What are total deposits-tranaction and nontransaction-at commercial banks?c. What would happen to deposits if the Fed mandated that commercial banks eliminate their excess reserves?d. How much would total required reserves be if total deposits remained at the level computed in part b but the Fed imposed a 2 percent reserve requirement on nontransaction deposits and maintained the same 10 percent requirement on transaction deposits?e. Would the existing reserves be sufficent to meet reserve requirements if the Fed imposed a 2 percent requirement for both transaction deposits and existing nontransaction deposits?I have the answers for a-d but need to be able to put the formulas of how you go the result so I can put them in a spread sheet. Question e needs to be a formula in order to answer the question. I will pay $3 for the answers and formulas and &6 for the answers in a spreadsheet. Only need one or the other not both.A.$451 billionb. $2.951 trillionc. $3.0 billion4. 95.1 billionI need the answers tonight if possible. Thanks