Don James purchased a new automobile for $12,000. Don made a cash down payment of $3,000 and agreed to pay the remaining balance in 30 monthly installments, beginning one month from the date of purchase Financing is available at a 24% annual interest rate. (FV of $1. PV of $1. FVA OC S1. PVA O S1. EVAD of S1 and PVAD of S1) (Use appropriate factor(s) from the tables provided.) Required: Calculate the amount of the required monthly payment (Do not round intermediate calculations. Round your final answer to nearest whole dollar amount.) Monthly payment