XYZ Widgets Inc. wants to borrow money to finance the purchase of a building. The CFO believes the company can afford monthly payments of $2,500. If the interest rate is 5%, and the loan will be repaid over 30 years, how much can the company afford to borrow? 1) $410,000 2) $460,000 3) $380,000 4) $350,000 5) $500,000