Northwestern Bank $($NB$)$ offers only checking accounts. Customers can write checks and use a network of automated teller machines.

NB earns revenue by investing the money deposited; currently, it averages $4\mathrm{.}1$ percent annually on its investments of those deposits.

To compete with larger banks, NB pays depositors $0\mathrm{.}3$ percent on all deposits. A recent study classified the bank's annual operating

costs into four activities.

Data on two representative customers follow:

Required:

a$.$ Compute the operating profit for Northwestern Bank.

b$.$ Compute the profit from Emily and Jacob, assuming that customer costs are based only on deposits. Interest costs $=0\mathrm{.}3$ percent of

deposits; operating costs are $3\mathrm{.}2$ percent $(=$$$18,000,\frac{000}{\text{\$}}562,500,000)$ of deposits.

c$.$ Compute the profit from Emily and Jacob, assuming that customer costs are computed using the information in the activity$-$based

costing analysis.

Complete this question by entering your answers in the tabs below.

Compute the profit from Emily and Jacob, assuming that customer costs are computed using the information in the activity$-$

based costing analysis.

Note: Do not round intermediate calculations. Round your answers to $2$ decimal places. Loss amounts should be indicated by

a minus sign.