CURRENT RATIO The Stewart Company has $1,021,500 in current assets and $449,460 in current liabilities. Its...

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CURRENT RATIO The Stewart Company has $1,021,500 in current assets and $449,460 in current liabilities. Its initial inventory level is $275,805, and it will raise funds as additional notes payable and use them to increase inventory. How much can its short-term debt (notes payable) increase without pushing its current ratio below 2.0? Round your answer to the nearest cent. CURRENT RATIO The Stewart Company has $1,021,500 in current assets and $449,460 in current liabilities. Its initial inventory level is $275,805, and it will raise funds as additional notes payable and use them to increase inventory. How much can its short-term debt (notes payable) increase without pushing its current ratio below 2.0? Round your answer to the nearest cent.