Ashley enters a 30 year mortgage for $300,000 at 3.5%. How much interest and how much principal will she pay in the second year of the mortgage and what will be the balance of the mortgage at the end of the second year? 11,063; $6,450; $288,280 $12,500; $9,000; $282,000 $11,063, $10,000: $280,000 $10,500; $10,000; $280,000