On December 31, 2015, Sveva Inc. has total liabilities of $169,000 and total equity of $245,000. The company needs to raise additional funds through debt and equity. The company issue 23,000 of common stock at $ 12.70 per share and in addition it intends to borrow as much as it can from Bank of Switzerville . Bank of Switzerville requires a maximum debt -to- asset ratio of 0.7. What is the maximum additional amount that Sveva can borrow after the additional stock is issued