The Following Balance Sheet Is for the First Edmonton Bank

The following balance sheet is for the First Edmonton Bank.Assume that the desired reserve ratio is 10%.All figures are in millions.

-Refer to the above information.Suppose that customers of this bank collectively write cheques for cash at the bank in the amount of $1 million.As a result,the bank's excess reserves diminish to:

A) $0
B) $6 million.
C) $9 million.
D) $9.1 million.