Paragraph Arrange Permanent versus seasonal funds requirements. Manchester Industries' current, fixed, and total assets for each month of the coming year are summarized in the following table. Mouth Current Fixed Total assets assets assets)+ (2)] u) (2) January 15,000 30,000 $45,000 February22,000 30,000 52,000 March April May 30,000 18,000 10,000 6,000 30,000 9000 30.000 9.000 30,000 30,000 60,000 48,000 40,000 36,000 39,000 39,000 45,000 50,000 52.000 50,000 30,000 June July August September 15,000 30,000 October November 22.000 30,000 December 20,000 30,000 20,000 30,000 a. Divide the firm's monthly total funds requirement (total assets) into a permanent and a seazonal component. b. Find the monthly average (1) permanent and (2) seasonal funds requirements using your findings in a