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The Stewart Company has $ 1 , 8 3 4 , 5 0 0 in current assets and $ 6 9 7 , 1 1

The Stewart Company has $1,834,500 in current assets and $697,110 in current liabilities. Its intial inventory level is $495,315 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 dollar

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