Current and Quick Ratios

The Nelson Company has $$1,428,000$ in current assets and $$510,000$ in current liabilities. Its initial inventory level is $$355,000,$ and it will raise funds as additional notes payable and use them to increase inventory. $1.$How much can Nelson's short$-$term debt $($notes payable$)$ increase without pushing its current ratio below $2\mathrm{.}2?$ Do not round intermediate calculations. Round your answer to the nearest dollar.

$2.$What will be the firm's quick ratio after Nelson has raised the maximum amount of short$-$term funds? Do not round intermediate calculations. Round your answer to two decimal places.