Question: Based on the information below, how much does the company need to finance the working capital funding gap and how much is the lender willing

Based on the information below, how much does the company need to finance the working capital funding gap and how much is the lender willing to provide?
Revenue :3,800,000
Cost of Goods Sold :2,000,000
Days in Period :365
Funding Gap (Days) :62
Balance Up to
Receivables
500,000
50%
Inventory
300,000
50%
Options:
Financing required: $305,753; Financing allowed: $250,000
Financing required: $645,479; Financing allowed: $400,000
Financing required: $339,726; Financing allowed: $400,000
Financing required: $483,795; Financing allowed: $150,000

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