Pervis Wholesale, Inc., holds an inventory of microwaves and ovens which it sells to retail dealers in 6 month periods. Their inventory has a current market value of $3.0 million and a book value of $3.25 million. Accounts receivable currently stands at $2.5 million, while accounts payable is at $1.25 million. The minimum and maximum range for lending on credit sales is 40% to 90% while the minimum and maximum range for lending on inventory is 30% to 80%. What is the minimum line of credit that a bank could offer Pervis? $2.1 million o $2.0 million $1.4 million $1.9 million