Annie's mortgage statement shows a total payment of $699.12, with $604.60 paid toward principal and interest and

Question:

Annie's mortgage statement shows a total payment of $699.12, with $604.60 paid toward principal and interest and $94.52 paid for taxes and insurance. Taxes and insurance for 3 months were collected at closing. Now after 6 months of payments, she is curious about the total in her escrow account. Calculate the amount for her, and explain the account.