Walter deposits a fixed quarterly amount into an annuity account for his child's college fund. He wishes to accumulate a future value of $$70,000$ in $16$

years. Assuming an APR of $3\mathrm{.}3\%$ compounded quarterly, how much of the $$70,000$ will Walter ultimately deposit in the account, and how much is

interest earned? Round your answers to the nearest cent, if necessary.