Don James purchased a new automobile for $27,000. Don made a cash down payment of $6,750 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%annualinterest rate. (FV of $1,PV of $1,FVA of $1,PVA of $1,FVAD of $1andPVAD of $1)(Use appropriate factor(s) from the tables provided.)

Calculate the amount of the required monthly payment.(Do not round intermediate calculations. Round your final answer to nearest whole dollar amount.)

monthly payment: ?