Math is good
Your analysis is solid and properly done.  Your truck will safely handle and have reasonable performance at elevations under 5000 feet with a 5300 lb (or lower) GVWR trailer.
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Ray
Natural White '03 Access Cab V8 SR5 4X4 with TRD Off Road Suspension, Limited Slip Differential, and Towing Package
Towing & Performance Mods: JBA Headers, Gibson Muffler, 4.30 gears, Michelin LTX M/S Tires, Hellwig Anti-Roll bar, Prodigy Trailer Brake Controller, Autometer Z-Series Transmission Temperature Gauge, Magnefine Transmission Filter
Utility & Misc Mods: Genuine Toyota OEM Step (Nerf) bars, Peragon Tonneau Cover, TracRac Rack and Rail System, Muth Signal Mirrors, Pop&Lock tailgate lock, TruSpeed speedometer calibrator, "$20" RS-3200 Upgrade, Auto-Dimming mirror w/ Temp and Compass, Clear/Red/Clear Taillights with Silverstar Signal bulbs, 3M Clear Bra
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