show each step and formulas used. Explain clearly each step and show how you used formula in excel. and give clear answer please!

Part 2 (40 Points): AllBets Corporation is building a $25 million office building in Las Vegas and is financing the construction at an 80 percent loan-to- value ratio, where the loan is in the amount of $20 million. The loan has a ten-year maturity, calls for monthly payments, and has a fixed interest rate of 8 percent. Using the above information, create a full amortization table, and then answer the following questions: 1) What is the monthly payment? 2) How much of the first payment goes toward interest? 3) How much of the first payment goes toward principal? 4) How much will AllBets Corporation owe on this loan after making monthly payments for three years (the amount owed immediately after the thirty-sixth payment)? 5) If AllBets can add $5 million to its 20th payment, should they? Why or why not