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Alpha Company wants to secure the lowest cost sources of financing for its expansion. The company's only assets are $15000 in inventory and $40000 in

Alpha Company wants to secure the lowest cost sources of financing for its expansion. The company's only assets are $15000 in inventory and $40000 in fixed assets. The company's banker set a minimum current ratio of 1.3 and a maximum debt to equity ratio of 2.0. What is the minimum amount of equity that the company can have? Express your answer to the nearest dollar.

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