Assume that you start with a balance of $5000 on your MasterCard. Assume that MasterCard has finance charges of 16% APR and that each month you make only the minimum payment of 4% of the balance. During the first month, you charge $250, and during the second month, you charge $600. Complete the following table. (Round your answers to the nearest cent.)

Minimum payment Purchases Previous balance $5000.00 Finance charge New balance Month 1 " " 4 Month 2 " " " 4