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Fact 4.1.3 At the beginning of 2023, Peter's Perfectly Prickly Piercing Pa...
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Fact 4.1.3At the beginning of 2023, Peter's Perfectly Prickly Piercing Parlour had $5,000 worth of bellybutton and eyebrow rings, 2 computers (each worth $1,000), 1 cash register worth $100, electrical equipment worth $500, and one piercing needle worth $500. At the end of 2023, Peter's had $5,000 worth of bellybutton and eyebrow rings, a new high speed computer worth $3,000 (it had to throw out the old ones), the same cash register, which was now worthless, electrical equipment worth $600, and it had upgraded the needle at a cost of $700 which was valued at $1,000.Refer to Fact 4.1.3. What was the value of Peter's capital at the end of 2023?
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