Assume a Legal Entity's capital structure consists of the following accounts : $ 300,000 Short-term note payable Long- term note payable 440; 325, 1 Mandatorily redeemable preferred stock Common stock 70,000 Additional paid-in capital 385,000 Retained earnings 550,000 Total liabilities and equity $ 1,790,000 Required: What is the maximum amount of expected losses that the Legal Entity can expect to sustain witho considered a variable interest entity (VIE)