Morrissey Technologies Inc.: Balance Sheet as of December 31, 2021 Suppose that in 2022, sales increase by 12% over 2021 sales. The firm currently has 100,000 shares outstanding. It expects to maintain its 2021 dividend payout ratio and believes that its assets should grow at the same rate as sales. The firm has no excess capacity. However, the firm would like to reduce its operating costs/sales ratio to 88.5% and increase its total liabilities-to-assets ratio to 30%. (It believes its liabilities-to-assets ratio currently is too low relative to the industry average.) The firm will raise 40% of the 2022 forecasted interest-bearing debt as notes payable, and it will issue long-term bonds for the remainder. The firm forecasts that its before-tax cost of debt (which includes both shortand long-term debt) is 13.5%. Assume that any common stock issuances or repurchases can be made at the firm's current stock price of $43. The data has been collected in the Microsoft Excel file below. Download the soreadsheet and berform the reauired analvsis to answer the auestions below. Do not round Morrissey Technologies Inc.: Protiorma Balance Sheet as of December 31, 2022 sustainable growth rate? (Hint: Set AFN equal to zero and solve for g.) Round your answer to two decimal places