AVILA, INC Balance Sheets as of December 31, 2018 and 2019 (in 000s) 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 100 $ 115 Accounts payable $ 75 $ 165 Accounts receivable 170 170 Notes payable 100 120 Inventory 120 150 Total $ 390 $ 435 Total $ 175 $ 285 $ 250 $ 290 Long-term debt Owners' equity Common stock Accumulated retained earnings 113 $ 190 $ $ 275 $ Fixed assets 347 Net plant and equipment $ 500 $ 600 Total $ 4615$ 460 Total assets $ 890 $ 1.035 Total liabilities and owners equity $ 890 $ 1.035 AVILA, INC. 2019 Income Statement (in 000s) Sales Cost of goods sold Depreciation 900 500 18 $ EBIT Interest paid 382 18 $ Taxable income Taxes 364 76 Net income 288 $ 216 Dividends Retained earnings 72 Requirement 2: Calculate the internal growth rate and the sustainable growth rate for AVILA, Inc. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places (e.g., 32.16).) Internal Growth Rate 1% Sustainable Growth Rate 1% Requirement 3: Explain the difference in the assumptions underlying the internal and sustainable growth rates