Hansen's Auto Supply has $1,662,000 in current assets and $690,000 in current liabilities. Its initial inventory level is $350,000, 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 2.3? O a. $75,000 O b. $211,538 O c. $119,565 O d. $32,609 O e. $57.692
