Internal Growth Rate Leash N Collar reported a profit margin of 8.1%, total asset turnover ratio of 1.6 times, debt-to-equity ratio of 0.76 times, net income of $410,000, and dividends paid to common stockholders of $210,000. The firm has no preferred stock outstanding. What is Leash N Collar's internal growth rate? (Do not round intermediate steps.)

a. - 6.7486%

b. - 7.716%

c. - 11.3457%

d. - 8.8139%