6-15 Alternative financing plans [LO5] Lear, Inc., has $1,020,000 in current assets, $460,000 of which are considered permanent current assets. In addition, the firm has $820,000 invested in fixed assets. (a) Lear wishes to finance all fixed assets and half of its permanent current assets with long-term financing costing 8 percent. The balance will be financed with short-term financing, which currently costs 5 percent. Lear