During a phone call, beyunka was told of the most recent transactions in her company's business account. there were deposits of $1, 250 and $3,040.57, three withdrawals of $400 each, and the bank removed two separate $35 penalties to the account that resulted from the bank's errors. based on the information, how much did the balance of the account change?

The amount of change in the balance of the account is an increase of $3160.57.

Step-by-step explanation:

i) first deposit is given as $1250

ii) second deposit is given as $3040.57

iii) first withdrawal is given as $400

iv) second withdrawal is given as $400

v) third withdrawal is given as $400

vi) first penalty removed is $35

vii) second penalty removed is $35

viii) therefore the change to the balance is given by

$1250 + $3040.57 - $400 - $400 - $400 + $35 + $35 = $3160.57

viii) Therefore the amount of change in the balance of the account is an increase of $3160.57.

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