4. The most recent financial statements for Berenson Manufacturing Co. are shown here: nts Income Statement Balance Sheet Sales $ 87,600 Current $ 29,000 Debt $ 38,400 assets Costs 64,350 Fixed assets 91,400 Equity 82,000 Taxable income $23,250 Total $ 120,400 Total $120,400 Tax (21%) 4,883 Net Income $ 18,368 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. No external financing is possible. What is the internal growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. Internal growth rate 9.15 %