James Naidoo is the owner of James Electricians. On 30 June 20.1 you are given the following information for James Electricians. R Trade receivables 144 000 Income received in advance 2 500 Equipment 500 000 Unfavourable bank balance 50 000 Trade payables 75 000 Vehicles 400 000 Loan 250 000 Short-term portion of long-term borrowings 15 000 Rent deposit paid 5 500 What is the net asset value (equity) of James Electricians on 30