Pharoah Inc. (PI) has a short-term working capital loan to help finance its working capital. The terms of the loan enable PI to borrow an amount of up to 35% of its inventory balance and 55% of its accounts receivable. One of the loan covenants requires that Pl maintain a current ratio greater than 2. Information related to Pl's current assets and current liabilities is shown in the following table: Cash of 2023 - 223,000 Cash of 2024 163,000 Inventory of 2023 - 2,290,000 Inventory of 2024 1,358,000 Accounts Receivable of 2023 1,220,000 Accounts Receivable of 2024 2,000,000 Other Current Assets of 2023 392,000 Other Current Assets of 2024 338,000 Accounts Payable for 2023 1,339,000 Accounts Payable for 2024 1,380,000 Short-term bank loan of 2023 282,000 Short-term bank loan of 2024 557,000 Other Current Liabilities of 2023 112,000 Other Current Liabilities of 2024 56,000 Does PI satisfy the loan covenants in both years? Based on the loan size requirements only of the loan covenant, how much more could PI have borrowed in each year in additionally