Based solely on the Fact Pattern below, what is the dollar amount of the Sponsor Equity check required to close the deal?

EBITDA at close: $5,000,000

Entry Multiple: 10.0x

Cash to Balance Sheet: 2,500,000

Transaction Fees: 750,000

Financing Fees: 600,000

Financing Terms (Turns)

Revolver Capacity (undrwan at close): 1.0x

First Lien Term Loan: 4.0x

Second Lien Term Loan: 2.0x

• $53,850,000
• $18,950,000
• $30,000,000
• $23,850,000