Hi Sentil,
use below settings
set P0/R29 01 BDIV_CLKIN will be derived from DAC_MOD_CLK instead of DAC_CLK
use BCLK-N-Val as 4 insted of 16
DAC_MOD_CLK = 86016000/mdac * ndac =6144000
fs=6144000/128 =48000 Hz
BCLK=DAC_MOD_CLK/ BCLK-N-Val =6144000/4=1536000
48k *32 bits (16bit Left DAc + 16 bit right DAC) = BCLK
Regards,
Ashok