You are the owner of a small food truck business Aloha Food Truck. Your business is doing well however you decided it is time to purchase a new food truck as wear and tear is affecting the running of your business. You approach your bank for a $60,000 loan. The bank came back with an interest rate of 5% for 5 years under the condition that you can show that your business is viable and making enough profit to pay off the loan. You will show proof by providing your income statement for the year. You also want to find out what your monthly payment would be for the new truck