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Complete the partial sinking fund schedule showing the details of Payments 1, 2, 39, 40, 59, and 60. The rate of return is 5.25% compounded monthly. Round the periodic interest earnings to the nearest dollar.

PMT #	PMT ($) (at beg)	Interest ($)	Increase in Fund ($)	Balance in Fund ($)
0	-	-	-	0
1	87,284
2	87,284	765	88,049	175,715
38	-	-	-
39	87,284	16,200	103,484	3,719,128
40	87,284			3,823,065
58	-	-	-
59	87,284	25,642	112,926	5,886,578
60	87,284	26,136

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