asset On 1 January 2014, Mary started her business by depositing her own cash $300,000 into the firm's back account and introducing her motor van costing $80,000 into the firm. In addition, the firm borrowed $40,000 from Mary's friends to buy goods for the business. Total revenues and total expenditures of the firm for the year ended 31 December 2014 amounted to $120,000 and $45,000 respectively. What is the amount of Mary's capital as at 31 December 2014? V500