Again, please use the following data for an economy that has only two banks, Bank A and Bank B. Partial balance sheet information is given for each bank below: Bank A: Reserves on hand $65,000 Deposit in the Fed $40,000 US government bonds $10,000 Checking account balances $120,000 Savings account balances $30,000 Bank B: Cash in the bank $20,000 US government bonds $8000 Deposit in the Fed $50,000 Savings account balances $25,000 Checking account balances $100,000 In addition, people in this economy hold $4400 in cash, and all banks have the same reserve requirements we've used all semester. Calculate this economy's M1 money supply, using the simplified definition, carefully following all numeric instructions.

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