Amortization. Loan Consolidated incorporated (LCT) is offering a special one-time packnge to reduce Custom Aulos' outstanding bils to one easy-10-1anirat current cutstanding bils of $230.000 for Custom Autos if Custom Autos will make an annual payment to LCl at an interest riae of 8% over the next 5 years. a. What are the annual payments of the loan? b. What is the amortization schedule for this loan if Custom Autos wants to pay off the loan before the loan maturity in 5 yeas?? c. When will the balance be half paid off? d. What is the total interest expense on the lean ever the 5 years? a. What is the annual payment of the loan? 1 (Round is the nearest cent.)