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

Income Statement				Balance Sheet
Sales	$	53,200		Current assets	$	25,000		Long-term debt	$	53,500
Costs		42,600		Fixed assets		96,000		Equity		67,500
Taxable income	$	10,600		Total	$	121,000		Total	$	121,000
Taxes (34%)		3,604
Net income	$	6,996

Assets and costs are proportional to sales. The company maintains a constant 30 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

$