Luciano is opening a new Italian restaurant. Luciano wants to raise $100,000 to get started, but feels that the company is too new to put a valuation on. Luciano's decides to issue $100,000 in convertible debt, with an interest rate of 5% and a 20% bonus. The debt will convert to equity with the first priced round, expected to be in two years. Luciano's hopes to be valued at $2,000,000 (pre- money) at the time of the priced round and expects to raise $500,000 on that round of financing. Assume that all goes as expected, and answer the following questions: How much will the convertible debt be worth when it converts? (Select] Using the post-money valuation of the company, what percent of the company will the equity investors receive for their $500,000? [Select] Using the post-money valuation of the company, what percentage of ownership of the company will the convertible debt investors receive? (Select]