Sustainable Growth Rate $[$ LO$3]$ Deprey, Inc., had equity of $$153,000$ at the beginning of the year. At the end of the year, the company had total assets of $$215,000.$ During the year, the company sold no new equity. Net income for the year was $$29,000$ and dividends were $$6,400.$ What is the sustainable growth rate for the company? What is the sustainable growth rate if you use the formula ROE $b$ and beginning of period equity? What is the sustainable growth rate if you use end of period equity in this formula? Is this number too high or too low? Why?