Suppose that the assets of West Valley Bank include $5 million of business loans, $20 million of deposits at a Federal Reserve bank, $15 million of six-month Treasury bills, $10 million of vault cash, $5 million of 10-year Treasury bonds, $20 million of real estate loans, $10 million of five-year Treasury notes, and $7 million of personal loans. The bank's primary reserves equal and its secondary reserves equal O $30 million, $15 million $10 million, $30 million O $20 million, $42 million $25 million, $35 million
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