Paul Sabin organized Sabin Electronics $10$ years ago to produce and sell several electronic devices on which he had secured patents. Although the company has been fairly profitable, it is now experiencing a severe cash shortage. For this reason, it is requesting a $$690,000$ long$-$term loan from Gulfport State Bank, $$195,000$ of which will be used to bolster the Cash account and $$495,000$ of which will be used to modernize equipment. The company$$s financial statements for the two most recent years follow: