please show how you do this on excel

1) Given the following information on a 30-year fixed-payment fully amortizing loan, determine the owner's equity in the property after seven years if the market value of the property is $240,000 at the end of year 7: rate: 7%; monthly payment: $1,200. A) $75,598.25 B) $15,967.33 C) $59,630.92 D) $164,401.75