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Dr. Jay is opening an emergency vet service within his community in January. He invested $425,000 cash into the business. Dr. Jay bought vet supplies,

Dr. Jay is opening an emergency vet service within his community in January. He invested $425,000 cash into the business. Dr. Jay bought vet supplies, equipment, vet software, and office equipment for $200,000. In addition, there is a long-term loan for $50,000. What is his total owners equity

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