Falcon Financial Services is a no-growth firm. Its sales fluctuate seasonally, causing total assets to vary from $320,000 to $410,000, but fixed assets remain constant at $260,000. If the firm follows a moderate (or maturity matching working) capital financing policy, what is the most likely total of long-term financing (that is, long-term debt plus equity capital)? $288, 800 $304,000 $274, 360 $320,000 $260, 642