A 30-year loan of L is going to be repaid with annual payments made at the end of the year. The bank charges an annual effective rate of interest of 10% on the loan. . One option is to use the Amortization Method and make level payments of size 2000 at the end of each year. . The second option is to use the Sinking Fund Method where yearly payments are made at the end of the year starting with a payment of size X and increasing the size of each successive payment by 5% each year. The payments in the sinking fund gain an annual effective interest rate of 8%. Find X. Round your answer to the nearest whole number