Sourstone, Inc., had total assets of $299,000 and equity of $190,000 at the beginning of the year. At the end of the year, the company had total assets of $324,000. During the year, the company sold no new equity. Net income for the year was $104,000 and dividends were $50,000.

What is the sustainable growth rate if you calculate ROE based on the end-of-period equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

What is the sustainable growth rate if you calculate ROE based on the beginning-of-period equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.