Halka Company Is a No-Growth Firm

Halka Company is a no-growth firm.Its sales fluctuate seasonally,causing total assets to vary from $320,000 to $410,000,but fixed assets remain constant at $260,000.If the firm follows a maturity matching (or moderate) working capital financing policy,what is the most likely total of long-term debt plus equity capital?

A) $260,642
B) $274,360
C) $288,800
D) $304,000
E) $320,000