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

Income Statement		Balance Sheet
Sales	$60,000	Current assets	$93,960	Long-term debt	$64,800
Costs	38,400	Fixed assets	51,840	Equity	81,000
Taxable income	$21,600	Total	$145,800	Total	$145,800
Taxes (33%)	7,128
Net income	$14,472

Assets and costs are proportional to sales. The company maintains a constant 38 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.)

$3,934.58

$7,374.36

$7,574.36

$7,474.36

$4,370.32