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

Assets and costs are proportional to sales. The company maintains a constant 30 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?

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INCOME STATEMENT BALANCE SHEET Sales Costs Taxable income Taxes (34%) S59,000 Current assets 17,000 Long-term debt 51,000 139,000Equity 105,000 S156,000 36,400 $22,600 7684 $14916 Fixed assets Total $156,000 Total Net income