Consider a New Deposit of $100 000 to the Canadian

Consider a new deposit of $100 000 to the Canadian banking system. The commercial bank that initially receives this deposit will find itself with

A) no excess reserves if there is no reserve requirement.
B) $1 000 of excess cash reserves if its target reserve ratio is 10 percent.
C) $2 000 of excess cash reserves if its target reserve ratio is 2 percent.
D) $10 000 of excess cash reserves if its target reserve ratio is 10 percent.
E) $98 000 of excess cash reserves if its target reserve ratio is 2 percent.