Working capital: Mukhopadhya Network Associates has a current ratio of 1.60, where the current ratio is defined as follows:

Current ratio = Current assets/Current liabilities. The firm’s current assets are equal to $1,233,265, its accounts payable are $419,357, and its notes payable are $351,663. Its inventory is currently at $721,599.

The company plans to raise funds in the short-term debt market and invest the entire amount in additional inventory. How much can notes payable increase without the current ratio falling below 1.50?