The most recent financial statements for Hailey Co. are shown here: Income Statement Sales $62,400 Costs 25,200 Balance Sheet Current $ 29,400 Long-term assets debt Fixed assets 124.000 Equity $ 63,800 89,600 Taxable income $ 37,200 Total $153.400 Total $153.400 Taxes (239) 8.556 ces Net income $28.644 Assets and costs are proportional to sales. The company maintains a constant 40 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? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Maximum increase in sales