Design an abstract class named BankAccount to hold the following data for a bank

Question

Design an abstract class named BankAccount to hold the following data for a bank account:

Next, design a SavingsAccount class that extends the BankAccount class. The SavingsAccount class should have a status field to represent an active or inactive account. If the balance of a savings account falls below $25, it becomes inactive. (The status field could be a Boolean variable.) No more withdrawals may be made until the balance is raised above $25, at which time the account becomes active again. The savings account class should have the following methods:

withdraw: A method that determines whether the account is inactive before a withdrawal is made. (No withdrawal will be allowed if the account is not active.) A withdrawal is then made by calling the superclass version of the method.

deposit: A method that determines whether the account is inactive before a withdrawal is made. If the account is inactive and the deposit brings the balance $25, the account becomes active again. A deposit is then made by calling the superclass version of the method.

monthlyProcess:

Before the superclass method is called, this method checks the number of withdrawals. If the number of withdrawals for the month is more than 4, a service charge of $1 for each withdrawal above 4 is added to the superclass field that holds the monthly service charges. (Don

Next, design a SavingsAccount class that extends the BankAccount class. The SavingsAccount class should have a status field to represent an active or inactive account. If the balance of a savings account falls below $25, it becomes inactive. (The status field could be a Boolean variable.) No more withdrawals may be made until the balance is raised above $25, at which time the account becomes active again. The savings account class should have the following methods:

withdraw: A method that determines whether the account is inactive before a withdrawal is made. (No withdrawal will be allowed if the account is not active.) A withdrawal is then made by calling the superclass version of the method.

deposit: A method that determines whether the account is inactive before a withdrawal is made. If the account is inactive and the deposit brings the balance $25, the account becomes active again. A deposit is then made by calling the superclass version of the method.

monthlyProcess:

Before the superclass method is called, this method checks the number of withdrawals. If the number of withdrawals for the month is more than 4, a service charge of $1 for each withdrawal above 4 is added to the superclass field that holds the monthly service charges. (Don

Explanation / Answer

( Done EXACTLY following mentioned Specifications )

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