The most recent financial statements for GPS, Inc., are shown here: Income Statement Sales $22,700 Assets Costs 16.000 Balance Sheet $121,000 Debt Equity $32,600 88,400 Taxable $6,700 Total $121,000 Total $121,000 income Taxes (35%) 2,345 Net income $4,355 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $1,560 was paid, and the company wishes to maintain a constant payout ratio. Next year's sale are projected to be $29,200.