public static int maximumToys(List<Integer> prices, int k) {
    // Sort the toy prices in ascending order
    Collections.sort(prices);
    
    int maximumToys = 0;

    // Iterate through the sorted prices
    for (int price : prices) {
        if (k >= price) { // Check if the current toy can be bought within the budget
            maximumToys++;
            k -= price; // Deduct the price of the toy from the budget
        } else {
            break; // Stop when the budget is insufficient for the next toy
        }
    }

    return maximumToys;
}