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The most recent financial statements for Alexander Co. are shown here: Balance Sheet Income Statement Sales Costs $43,250 Current assets 17740 Long-term debt 35,650 Fixed

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The most recent financial statements for Alexander Co. are shown here: Balance Sheet Income Statement Sales Costs $43,250 Current assets 17740 Long-term debt 35,650 Fixed assets 68,450 Equity 49,020 $ 7,600 Total $86190 Total $86,190 ncome Taxes (23%) 1.748 Net income 5,852 Assets and costs are proportional to sales. The company maintains a constant 45 percent dividend payout ratio and a constant debt-equity ratio What is the maximum dollar increase in sales that can be sustained assuming no new equity is issued? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Maximum dollar increase

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