QI: On December $31,2023,$ Irey Co$.$ nas $$4,000,000$ of shiort$-$term notes payable due on February $14,2024.$ On January $10,2024,$ Irey arranged a line of credit with County Bank which allows Irey to borrow up to $$3,000,000$ at one percent above the prime rate for three years. On February $2,2024,$ Irey borrowed $$2,400,000$ from County Bank and used $$1,000,000$ additional cash to liquidate $$3,400,000$ of the short$-$term notes payable. The amount of the short$-$term notes payable that should be reported as current liabilities on the December $31,2023$ balance sheet which is issued on March $5,2024$ is $?$