Allan borrowed $380000 on January 1,1976 , which was to be repaid in 360 level monthly installments at a nominal annual interest rate of 14% convertible monthly. The first monthly payment was due February 1, 1976. Allan missed the first payment, but began making payments on March 1 , 1976, and he made 359 payments. Determine how much Allan owed on the loan after making his 359-th payment. How much was owed after the 359-th payment =$