Mr. Jamal invested a certain amount of money to establish a small gift shop, on...
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Mr. Jamal invested a certain amount of money to establish a small gift shop, on 1/1/2015. His business was a success, and on 31/12/2020, his capital account balance showed $ 224,000. If you know that Mr. Jamal made no additional investments during these 6 years, but made withdrawals of $ 85,000, and the Total net income during these 6 years was $ 277,000, HOW much was his initial investment when he opened his gift shop? (Note: write your answer as a number only, with no commas or signs. If the answer is $ 2,000, write it as: 2000 )
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