Bank Alfatih earned an annual profit amounting to USD1,500,000 through a Mudharaba Mutlaqah deposit account. The profit sharing ratio between the bank and the depositors of the Mudharaba deposit account is (40:60) respectively. The table below contains data on the deposit types that are available, average balance needed, and the weights that are used.

Deposit Types	Average balance	Weights
1 month	300,000	0.5
3 months and less	400,000	0.8
6 months and less	600,000	1
12 months and less	800,000	1.25
	2,100,000

1. Calculate the total depositors share from the annual profit. (4 marks)
2. Calculate the weighted average balance for each type of deposits. (4 marks)