Use the following to answer questions 2527 On January 1, year 1, the company borrows $45,000 to purchase a new vehicle by agreeing to a 7%,5 year note with the bank. Payments of $391.05 are due at the end of each month with the first installment due on January 31, year 1. ROUND YOUR AWSWERS TO THE NEAREST CENT (2 decimal places). 25. After the first car payment (installment) is made the amount owed on the vehicle would be: $ 26. Determine interest expense for the second car payment \$. 27. After the Company pays all of the car payments, how much do they owe at the end of the 5 vears? $