The table below shows the balance sheet of Eubank which holds no excess reserves. Assume that the required reserve ratio is 10%. If a student deposits $10,000 in cash into his checkable deposit account, Eubank will have _____ in excess reserves? 
Definitions:
Postindustrialism
A stage of society's development when the economy transitions from a focus on manufacturing to an emphasis on services, information, and technology.
Industrialization
Industrialization is the process by which an economy is transformed from primarily agricultural to one based on the manufacturing of goods and services.
Permanent Joblessness
A situation where an individual is unable to secure employment over an extended period, often due to structural economic changes.
Dramaturgy
A sociological perspective that compares social interaction to the theater, where individuals present themselves in ways that are advantageous to their situation.
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