P4-8 Sales and Growth (LO2) The most recent financial statements for Throwing Copper Co. are shown here: $59,400 74,250 Income Statement Balance Sheet Current Long-term Sales $55,000 $86,130 assets debt Costs 35,200 Fixed assets 47,520 Equity Taxable $19,800 Total $133,650 Total Income Taxes (35%) 6,930 Net income $12.870 $133,650 Assets and costs are proportional to sales. The company maintains a constant 32 percent dividend payout ratio and a constant debt-equity ratio. Required: Required: What is the maximum increase in sales that can be sustained assuming no new equity is issued? (Do not round your intermediate calculations.) Multiple Choice $7.248.85 $7,348.85 O $7,248.85 O $7.348.85 $3,853.84 $3,229.81 $7,448.85