Sheridan Service has a line of credit loan with the bank. The initial loan balance was 58000.00 Payments of 5300000 and $4000.00 were made after four months and eight months respectively At the end of one year, Shendan Service borrowed an additional 55000.00 Seven months later the line of credit loan was comerted into collateral mortgage loan. What was the amount of the mortgage loan if the line of credit interest was 8% compounded monthly The amount of the loan is (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed) Enter your answer in the sea This conteni Machado Type here to teach Work 13 th