A local bank in your town needs a program to calculate a customer’s checkingaccount balance at the end of each month. If the number of transactions is morethan 5, the bank charges a fee of $0.35.• If the balance falls below 1000.00, there is a service fee of $25.00• Data are stored in a file (transactions. txt) in the following form:467343 3750.40 // Account Number | Initial BalanceW 250.00 // Transaction Code W: withdrawal | AmountD 1200 // Transaction Code D: Deposit | AmountW 1275.00 // Transaction Code: withdrawal | AmountI 120.74 // I: Interest earned |AmountD 1550 // D: Deposit | AmountW 155.00 // W: withdrawal | AmountW 240.50 // Transaction Code W: withdrawal | AmountD 150.75 // Transaction Code D: Deposit | AmountW 15.00 // Transaction Code: withdrawal | AmountD 350.75 // Transaction Code D: Deposit | AmountW 150.00 // Transaction Code: withdrawal | AmountI 35.74 // I: Interest earned |AmountW 1500.50 // Transaction Code W: withdrawal | AmountDeliverable:• Write a C++ program that reads the Data from the stored in a file• Program prints the following information:• Account number• Balance at the beginning of the month• Balance at the end of the month• Total Interest paid by the bank• Total amount of deposit• Number of deposits• Total amount of withdrawal• Number of withdrawals• Service charges (if below $1,000, $0.35 per transactions after 8transactions) if any• Please ensure that you format the output accordingly, currency, etc.