A company has $94080\displaystyle \${94080} to spend on the development and promotion of a new product. The company estimates that if x\displaystyle {x} is spent on development and y\displaystyle {y} is spent on promotion, then approximately x12y5230000\displaystyle \frac{{{x}^{{\frac{{1}}{{2}}}}{y}^{{\frac{{5}}{{2}}}}}}{{30000}} items of new product will be sold. Based on this estimate, how much should the company spend on development so the maximum number of products can be sold?