Sales Increase Maggie's Muffins Bakery generated $2 million in sales during 2018, and its year-end total assets were $1.2 million, Also, at yearend 2018, current liabilities were $1 million, consisting of $300,000 of notes payable, $500,000 of accounts payable, and $200,000 of accruals. Looking ahead to 2019 , the company estimates that its assets must increase at the same rate as sales, its spontaneous liabilities will increase at the same rate as sales, its profit margin will be 6%, and its payout ratio will be 55%. How large a sales increase can the company achieve without having to raise funds externally that is, what is its self-supporting growth rate? Do not round intermediate calculations. Round the monetary value to the nearest dollar and percentage value to the nearest whole number. Sales can increase by $ that is by %