10) Calculate year-ending loan balance if you started the year with a $120,000 loan (monthly payments $2000 principal + $500 interest) and a new loan of $20,000 in month 8 to be repaid at $500 principal + $200 interest per month starting the month after the advance). a. For the above, calculate annual expense. b. For the above calculate total cash-in and total cash-out. Record the break-down necessary for completion of cash flow forecasts