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On May 1 , 2 0 1 4 , Kaam Ya'tak invests $ 7 5 , 0 0 0 of their own money in a

On May 1,2014, Kaam Ya'tak invests $75,000 of their own money in a new venture. To
further help finance the venture, Kaam Ya'tak borrows $75,000 from a bank. The loan term is
ten years, at which point the venture must repay the loan in full. Two years after starting the
venture, the venture's assets are valued at $280,000. What is Kaam Ya'tak's equity stake
worth on this date?
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