Problem $4-56$ Balloon Payments

On September $1,2021,$ Susan Chao bought a motorcycle for $$32,000.$ She paid $$1,200$ down and financed the balance with a five$-$year loan at an annual percentage rate of $7\mathrm{.}4$ percent compounded monthly. She started the monthly payments exactly one month after the purchase $($i$.$e$.,$ October $1,2021).$ Two years later, at the end of October $2023,$ Susan got a new job and decided to pay off the loan. If the bank charges her a $1$ percent prepayment penalty based on the loan balance, how much must she pay the bank on November $1,2023?($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Answer is complete but not entirely correct.

$\backslash$table$[[\backslash$table$[[$Total$],[$payment$]],$$$,25,639\mathrm{.}40$