Canadian Western Bank offers a Summit Savings Account with posted interest rates as indicated in the table below. Only each tier is subject to the posted rate, and interest is calculated daily based on the closing balance. December's opening balance was $550,000. Two deposits in the amount of 5600,000 each were made on December 3 and December 21. Two withdrawals in the amount of $400,000 and $300,000 were made on December 13 and December 24 , respectively. What interest for the month of December will be deposited to the account on fantary 1