You are considering purchasing a small airplane. It costs $250,000. You will put $25,000 down and finance the balance at a nominal annual rate of 6% with monthly payments for 5 years with a balloon payment of $30,000 at the end of the loan. How much will you owe at the end of the second month ( after your second monthly payment)? That is. what will be the loan's outstanding balance at the end of the second month after the second payment?