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The most recent financial statements for Alexander Company are shown here: Income Statement Balance Sheet Sales $ 45,000 Current assets $ 70,470 Long-term debt $

The most recent financial statements for Alexander Company are shown here: Income Statement Balance Sheet Sales $ 45,000 Current assets $ 70,470 Long-term debt $ 48,600 Costs 28,800 Fixed assets 38,880 Equity 60,750 Taxable income $ 16,200 Total $ 109,350 Total $ 109,350 Taxes (22%) 3,564 Net income $ 12,636 Assets and costs are proportional to sales. The company maintains a constant 18 percent dividend payout ratio and a constant debt-equity ratio. What is the maximum increase in sales that can be sustained assuming no new equity is issued

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