4) The most recent financial statements for Live Co. are shown here: Income Statement Sales $14,000 Current assets Costs 8,400 Fixed assets Taxable income $5,600 Total Taxes (34%) 1,904 Net income $3,696 Balance Sheet $30,188 Debt 21,125 Equity $51,313 Total $29,753 21,560 $51,313 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 24 percent dividend payout ratio. No external equity financing is possible. What is the sustainable growth rate? a) 14.98 % b) 4.29 % c) 15.48 % d) 14.48 % e) 5.79 %