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55000+2500y-2000y=62000
Subtract 2000y from both sides.
55000+500y=62000
Combine 2500y and -2000y to get 500y.
500y=62000-55000
Subtract 55000 from both sides.
500y=7000
Subtract 55000 from 62000 to get 7000.
y=\frac{7000}{500}
Divide both sides by 500.
y=14
Divide 7000 by 500 to get 14.