Please help and show all work 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 16 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.)

Multiple Choice $8,674.43

$8,574.43

$1,448.8

$8,774.43

$4,474.14