An ambitious student wants to start a restaurant, so he wants to buy a nice kitchen set consisting of state of art grills two, three stoves, two dishwashers, three refrigerators, two ovens, and three microwaves along with some other stuff. So he plans on spending $112,000 on the equipment alone. He feels that these all would produce him a net come of $25,000 per year. If he does not change his mind and keeps these equipment for 4 years considering he does not lose much in this business, what would be the resale value of all these equipment at the EOY 4 to justify his investment?

A 15% annual ROI is desired.