PART 2 Financial Statements and Long Term Financial Planning Sales and Growth [LO2] The most recent financial statements for Alexander Co. are shown here: 8. Income Statement Balance Sheet $42,800 Current assets $17,500 Long-term debt$37,000o 48,800 Sales Costs Taxable Income Taxes (23%) Flxed assets 68,300 Equity 85,800 Total $85,800 $ 7,300 1,679 Total Net income 5,621 Assets and costs are proportional to sales. The company maintains a constant 40 percent dividend payout ratio and a constant debt-equity ratio. What is the maximum increase in sales that can be sustained assuming no new equity is issued