The (partial) summary financial statements of Petro Ltd on December 31, 2018, are as follows:

A/P	$ 26,000
Tax/P (current)	30,000
LT-debt	100,000
Total liability (TL)	$156,000
C/S	$200,000
R/E	40,000
Total equity (TE)	$240,000

Let TA = total assets; TL = total liabilities; TE = total equity; leverage ratio (LR) = TA/TE.

Petro seeks a short-term loan from a local bank. The bank requires Petros leverage ratio to be between 1.75 and 1.90, after the short-term loan is granted. That is, 1.75LR1.90, after the short-term loan is granted.

Required:

Find the maximum and minimum amounts that Petro can borrow from the local bank, given the restriction 1.75LR1.90.