Answer:
$20,145
Explanation:
The computation of short-term debt (notes payable) increase is given below:-
Current Assets = $785,655
Current Liabilities = $4,02,900
Current Ratio = (Current Assets + Increase in Inventory) ÷ (Current Liabilities + Increase in Notes Payable)
2.0 = ($785,655 + x) ÷ ($4,02,900 + x)
$805,800 + 2.0 = $785,655 + x
$805,800 - $785,655 = 2.0 - x
= $20,145