The following data taken from the records of Al-Taqwa Islamic Bank for 2020:1-an extract from the banks trial balance before closing entries:AccountDr.Cr.Investment Risk Provision $34,500,000Murabaha P/L$33,000,000Ijara P/L$3,000,000Mudaraba P/L$1400,000Istisnaa P/L$600,000Musharaka P/L$1,000,0002-The basis of allocating profits between the bank as Mudarib, and the Unrestricted Accounts Holders are as follows:-10% is deducted for Investment Risk Provision (Fund) -40% is the bank share as Mudarib -50% is the share of InvestmentAccounts Holders (Rab Al-Mal)3-The investment accounts shall share profits on the following bases:-30% of the saving accounts balance.-60%NoticeDeposits -90% of the time deposit accounts.4-Selling and Administrative expenses for the bank in 2020 totaled $2,650,000.5-The following are the balances of deposits in the bank during year 2017:Current Accounts $120,000,000Saving Accounts $80,000,000NoticeDeposits 120,000,000Time Deposits 220,000,000Instructions:Answer the following questions-hand written answer-and then upload a clear copy for your answer on the assignment section. 1-Calculate the percentage of profit allocated to each type of deposits

2-If Yousef deposited with the bank the following : $60,500 as a current account, $5,000 as a saving account, and $90,000 in a time deposit, calculate the amount of profit that will be credited to Yousef.