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6. David's stock portfolio has had the following activity since he began investing January 1, 1994 Value = $100,000 January 1, 1995 Value = $115,000

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6. David's stock portfolio has had the following activity since he began investing January 1, 1994 Value = $100,000 January 1, 1995 Value = $115,000 immediately preceding an $18,000 deposit January 1, 1996 Value = $145,000 immediately preceding a $23,000 deposit January 1, 1997 Value = $185,000 immediately preceding a withdrawal of amount SX January 1, 1998 Value = $100,000 Assume a 10% annualized time-weighted return over the 4-year period. Determine X, the amount of the withdrawal made on January 1, 1997

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