5. In 1998, Ben bought co-op for 140,000 He borrowed 100,000 from the bank to m the purchase. Now he wants to sell the co-op, but the market value has decreased to 85,000 His equity in the co-op is 36,800 If he sells the co-op he will have to pay of mortgage. How much will he make after he pays off the mortgage? 21800 square Overall loss

## Step 1: Calculate the amount Ben will receive after selling the co-op.### ### 100,000 \]### ###