Hilltop, Inc. $2009$ Income Statement

Net Sales $$38,900$

Less: Cost of Goods Sold $31,400$

Less: Depreciation $2,600$

Earnings Before Interest and Taxes $4,900$

Less: Interest Paid $1,800$

Taxable Income $$3,100$

Less: Taxes $1,150$

Net Income $$1,950$

Dividends $$390$

Additions to retained earnings $$1,560$

Hilltop, Inc. $2009$ Balance Sheet

Cash $$3,160$ Accounts Payable $$8,120$

Accounts rec $4,160$ Long$-$term debt $21,200$

Inventory $6,480$ Common stock $7,500$

Total $$13,800$ Retained earnings $6,380$

Net fixed assets $29,400$

Total assets $$43,200$ Total liabilities & equity $$43,200$

Hilltop, Inc. is currently operating at $69\%$ of capacity. What is the full$-$capacity level of sales?

Question $25$ options:

$$50,959\mathrm{.}00$

$$51,376\mathrm{.}81$

$$52,493\mathrm{.}82$

$$55,418\mathrm{.}07$

$$56,376\mathrm{.}81$