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

Income StatementBalance SheetSales$76,800Current assets$31,800Long-term debt$68,600Costs26,800Fixed assets128,000Equity91,200Taxable income$50,000Total$159,800Total$159,800Taxes (21%)10,500Net income$39,500

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.)