6. Calculating Internal Growth [LO3] The most recent finan- cial statements for Mandy Co. are shown here: Income Statement Sales Costs $16,400 Current assets Balance Sheet $11,200 Debt $13,600 11,200 Fixed assets $ 5,200 Total 24,300 $35,500 Equity 21,900 Total $35,500 Taxable income Taxes (21%) Net income 1,092 $ 4,108