John decides that he needs to save $\$12{,}000.00$ in $5$ years to put towards a new vehicle.

(a) How much should he invest every month into an ordinary annuity earning $1.99 \%$ compounded monthly?

Note: your answer should include a dollar sign and be rounded to two decimal places. Use this value in computing subsequent answers.

(b) After 3 years of making payments, what is John's remaining balance?

(c) Fill out the following lines of his balance sheet:

Note: Your answers are dollar amounts and should include a dollar sign