The most recent financial statements for Alexander Co. are shown here: Income Statement Balance Sheet Sales $ 38,400 Current assets $ 22,400 Long-term debt $ 53,500 Costs 29,200 Fixed assets 77,000 Equity 45,900 Taxable income $ 9,200 Total $ 99,400 Total $ 99,400 Taxes (34%) 3,128 Net income $ 6,072

Assets and costs are proportional to sales. The company maintains a constant 40 percent dividend payout ratio and a constant debtequity 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.)