An amount of $ 350 , 000 is borrowed for a period of 30 years at an interest rate of 5.5 % . The amortization schedule for this loan is below. Payments of $ 1 , 987.26 are made monthly. Payment # Payment Interest Debt Payment Balance 1 1 , 987.26 1 , 604.17 383.09 x 2 1 , 987.26 1 , 602.41 384.85 y 3 1 , 987.26 1 , 600.65 386.61 z Calculate the value of z , the balance of the loan at the end of month 3 . Round your answer to the nearest dollar. Do NOT round until you calculate the final answer.