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The most recent financial statements for Throwing Copper Co. are shown here: Income Statement Balance Sheet Sales $50,000 Current assets $78,300 Long-term debt $54,000 Costs

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

Income Statement Balance Sheet
Sales $50,000 Current assets $78,300 Long-term debt $54,000
Costs

32,000

Fixed assets 43,200 Equity 67,500
Taxable income $18,000 Total

$121,500

Total

$121,500

Taxes (34%) 6,120
Net income

$11,880

Assets and costs are proportional to sales. The company maintains a constant 20 percent dividend payout ratio and a constant debtequity ratio.

Required:

What is the maximum increase in sales that can be sustained assuming no new equity is issued? (Do not round your intermediate calculations.)

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