The (partial) summary financial statements of Petro Ltd on December 31, 2018, are as follows: Tax/P (current) LT-debt Total liability (TL) $ 26,000 30,000 100,000 $156,000 C/S RE Total equity (TE) $200,000 40,000 $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 Petro's leverage ratio to be between 1.75 and 1.90, after the short-term loan is granted. That is, 1.755LR51.90, 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 1.75