Michael Sanchez purchased a condominium for $73,000. He made a 20% down payment and financed the balance with a 30 year, 5% fixed-rate mortgage. (Round your answers to the nearest cent. Use this table, if necessary.) (a) What is the amount (in $) of the monthly principal and interest portion, PI, of Michael's loan? $ Portion Used to Reduce Principal (in $) Loan Balance (in $) (b) Construct an amortization schedule for the first four months of Michael's mortgage. A +A +A +A LA $ +A (c) If the annual property taxes are $1,640 and the hazard insurance premium is $670 per year, what is the total monthly PITI of Michael's loan (in $)? Payment Number Monthly Payment Monthly Interest (in $) (in $) 0 1 2 +A +A +A +A +A +A 3 4 +A $ +A