1.Sot has two other partners who with her invested $100,000 in the venture based on P1-25%, P2-35%, P3-40% contribution. They agree to maintain this amount throughout the partnership.

i)How much has each partner invested?

ii)When the firm grew faster than expected family and friends invested another $300,000 based on the firm's revised $800,000 valuation. What percentage do each of the partners now own

iii)Success continues and the partners decide that they need to invest in a new app. The partners agree to provide an Angel investor with 20% of the firm based on a $2 million valuation. The next day a venture capitalist (VC) makes a cash offer to buy the entire firm from all the partners. How much cash would each of the investors receive for their shares if they accepted the offer.