12.95% is wrong in answer, I don't know why

The most recent financial statements for Mandy Company are shown here: Income Statement Balance Sheet Sales $ 19,700 Current assets $ 11,860 Debt Costs 13,440 Fixed assets 29,700 Equity $ 16,180 25,380 Taxable income $ 6,260 Total $ 41,560 Total $ 41,560 Taxes (25%) 1,565 Net Income $ 4,695 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. What is the sustainable growth rate? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Sustainable growth rate 12.95%