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The most recent financial statements for Alexander Co. are shown here: Income Statement Sales $42,950 Costs 35,550 Balance Sheet Current Long-term assets $ 17,580 debt

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The most recent financial statements for Alexander Co. are shown here: Income Statement Sales $42,950 Costs 35,550 Balance Sheet Current Long-term assets $ 17,580 debt Fixed assets 68,350 Equity $ 37,070 48,860 Taxable income $ 7,400 Total $85,930 Total $85,930 Taxes (21%) 1,554 Net income $ 5,846 Assets and costs are proportional to sales. The company maintains a constant 35 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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