To assist Bridget in acquiring a home, NPI granted her a five$-$year, interest free loan of $$125,000.$ The loan was granted on October $1,2022,$ where the interest rate on open five$-$year mortgages was $5\%.$ Assume the prescribed interest on employee loans was $2\%$ on this date and remained unchanged during the year. Bridget purchases a house for $$435,000$ on October $2,20232$ She did not own a home during any of the preceding four years.