Ashley received a loan of $25,345 from the bank to start a baseball camp. Ashley used the loan to rent baseball bats, mitts, and baseballs for the summer, and to pay the coaches’ salaries. Over the course of the summer, 41 campers attended Ashley’s baseball camp, and each camper paid a fee of $195 to attend. Ashley used all of the money from the campers’ fees to start paying back the loan.

At the end of the summer what was Ashley's net worth, assuming she had no other assets or liabilities?

Question

Ashley received a loan of $25,345 from the bank to start a baseball camp. Ashley used the loan to rent baseball bats, mitts, and baseballs for the summer, and to pay the coaches’ salaries. Over the course of the summer, 41 campers attended Ashley’s baseball camp, and each camper paid a fee of $195 to attend. Ashley used all of the money from the campers’ fees to start paying back the loan.

At the end of the summer what was Ashley's net worth, assuming she had no other assets or liabilities?