A company is considering an investment project that generates a cash flow of $1,150,000 next year if the economy is favorable but generates only $440,000 if the economy is unfavorable. The probability of favorable economy is 55% and of unfavorable economy is 45%. The project will last only one year and be closed after that. The cost of investment is $700,000 and the company plans to finance the project with $260,000 of equity and $440,000 of debt. Assuming the discount rates of both equity and debt are 0%. Given the project's anticipated cash flows, what is the maximum amount of debt that the company's (risk averse) creditors would be willing to lend to the company?

$0

$440,000

$455,000

$470,000

$485,000