Assume you are ABC Development Company beginning construction of an apartment building. You have not borrowed any money at this point. All draws requests below occur on the last day of the month. Interest is computed monthly in arrears at 6-month LIBOR (currently at 5.13% per year) plus a spread of 150 basis points. Assume further draws are in the amounts below. What is the loan balance including accrued interest at the end of Month 5 ? $18,343,392 $18,221,665 $18,254,909 $18,302,877