A bank must maintain an average daily balance at the Fed of $700. On the first day of the
maintenance period they maintain a balance of $750, the next two days they maintain a balance of
$725, the next three days they maintain a balance of $625, the next two days they maintain a
balance of $775, the next two days they maintain a balance of $700 and the next two days they
maintain a balance of $675. What does their balance have to be on the last day of the
maintenance period in order to have a cumulative reserve deficit?
