Problem
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 is valued at $280,000. What is Kaam Ya'tak's equity stake worth on this date?