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30\left(-\frac{5}{3}\right)y+30\times \frac{68}{3}+40y=1240
Use the distributive property to multiply 30 by -\frac{5}{3}y+\frac{68}{3}.
\frac{30\left(-5\right)}{3}y+30\times \frac{68}{3}+40y=1240
Express 30\left(-\frac{5}{3}\right) as a single fraction.
\frac{-150}{3}y+30\times \frac{68}{3}+40y=1240
Multiply 30 and -5 to get -150.
-50y+30\times \frac{68}{3}+40y=1240
Divide -150 by 3 to get -50.
-50y+\frac{30\times 68}{3}+40y=1240
Express 30\times \frac{68}{3} as a single fraction.
-50y+\frac{2040}{3}+40y=1240
Multiply 30 and 68 to get 2040.
-50y+680+40y=1240
Divide 2040 by 3 to get 680.
-10y+680=1240
Combine -50y and 40y to get -10y.
-10y=1240-680
Subtract 680 from both sides.
-10y=560
Subtract 680 from 1240 to get 560.
y=\frac{560}{-10}
Divide both sides by -10.
y=-56
Divide 560 by -10 to get -56.