The most recent financial statements for Alexander Co. are shown here:

Income Statement				Balance Sheet
Sales	$	53,000		Current assets	$	24,400		Long-term debt	$	47,000
Costs		42,500		Fixed assets		95,000		Equity		72,400
Taxable income	$	10,500		Total	$	119,400		Total	$	119,400
Taxes (34%)		3,570
Net income	$	6,930

Assets and costs are proportional to sales. The company maintains a constant 20 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.)

Maximum increase in sales

$