An annual payment loan of 65,000 is made for a term of 10 years at 7.3%. The lender only wants interest payments until the end of year 10 when a balloon payment is made. The borrower will make annual year-end deposits into a sinking fund earning 4.8%. Find:

(a) The level sinking fund deposit;

(b) the balance in the sinking fund at time 5; and

(c) the total payment and the principal in the 6th payment.