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The most recent financial statements for Weyland Co. are shown here: INCOME STATEMENT BALANCE SHEET Sales $ 68,900 Current assets $ 31,100 Long-term debt $

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

INCOME STATEMENT BALANCE SHEET
Sales $ 68,900 Current assets $ 31,100 Long-term debt $ 69,200
Costs 43,300 Fixed assets 118,900 Equity 80,800
Taxable income $ 25,600 Total $ 150,000 Total $ 150,000
Taxes (34%) 8,704
Net income $ 16,896

Assets and costs are proportional to sales. The company maintains a constant 28 percent dividend payout ratio and a constant debt-equity ratio.

Required:

What is the maximum increase in sales that can be sustained assuming no new equity is issued? (Do not include the dollar sign ($). Round your answer to 2 decimal places. (e.g., 32.16))

Maximum increase in sales $

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