Question(2 points) consider the following balance sheet for the wahoo bank. use it to answer the two questions that follow. use a required reserve ratio of 10% and assume that the bank keeps no excess reserves. 16th attempt part 1 (1 point)see hint what will change on the balance sheet if shantee withdraws $200 from her checking account? choose one or more:

a. required reserves decrease by $200.
b. outstanding liabilities increase by $200.
c. required reserves decrease by $20.
d. outstanding liabilities decrease by $200.

part 2 (1 point)see hint what will change on the bank's balance sheet if dalon deposits $650 into his checking account? choose one or more:

a. required reserves increase by $65.00.
b. outstanding liabilities decrease by $650.
c. required reserves increase by $650.
d. outstanding liabilities increase by $650.

Kandon enterprises, inc., has two operating divisions; one manufactures machinery and the other breeds and sells horses. both divisions are considered separate components as defined by generally accepted accounting principles. the horse division has been unprofitable, and on november 15, 2018, kandon adopted a formal plan to sell the division. the sale was completed on april 30, 2019. at december 31, 2018, the component was considered held for sale. on december 31, 2018, the company’s fiscal year-end, the book value of the assets of the horse division was $415,000. on that date, the fair value of the assets, less costs to sell, was $350,000. the before-tax loss from operations of the division for the year was $290,000. the company’s effective tax rate is 40%. the after-tax income from continuing operations for 2018 was $550,000. required: 1. prepare a partial income statement for 2018 beginning with income from continuing operations. ignore eps disclosures. 2. prepare a partial income statement for 2018 beginning with income from continuing operations. assuming that the estimated net fair value of the horse division’s assets was $700,000, instead of $350,000. ignore eps disclosures.