Question 18 (3.33 points) Saved Calrins Inc. has an agreement with it banks that allow Clarins to borrow money on a short term basis to finance its inventories and accounts receivable. The agreement requires Clarins to maintain a current ratio of 3.6 or higher. From the balance sheet, Clarins has total assets of $2,750,000, current assets of $2,200,000, and total debts of $1,400,000 (consist of current liabilities of $550,000 and long-term debt of $850,000). Determine how much Clarins could borrow this time to invest in inventory and accounts receivable without violating the terms of its borrowing agreement. $61,111.11 $84,615.38 $198,000.00 $220,000.00 O BI E