17-8. Tony Reynolds, CFO for Ridgeway Building Supplies, has determined that the company would run best if it used the moderate approach to financing. Recently, the company has thought about switching to this approach. The following is a partial balance sheet stating its assets. Permanent current assets are assumed to be 60 percent of the current assets. $ 50,000 Cash Accounts Payable Notes Payable Accounts Receivable 25,000 Long-Term Debt Common Equity Inventory 150,000 475,000 Fixed Assets $ 700,000 What would the company's financing look like if Tony switched to the moderate approach? Calculate for the following scenarios: a. Accounts payable is $40,000; common equity is $200,000. b. Accounts payable is $30,000; common equity is $425,000