A building and loan advertises a rate of 40% Deposits made by the 10th of the month earn interest from the 1st
of that month. Deposits made after the 10th earn interest the 1st of the following month. Interest is credited on
June 30 and December 31. A depositor had $2045 in his account on June 30, 1966. He deposited $1120 on September 7, 1966. How much will he have in his account on December 31, 1966?