The company is in dire straits with several of its block$-$holding shareholders. The shareholders want an increase in dividends, but the company does not want to leave any potential growth in sales on the table for competitors to steal. If the company plans on following a sustainable growth approach and sales are forecast to grow by $14\%,$ what is the maximum payout ratio $(\%)$ that the firm can sustain without missing out on growth?

Net income forecast: $$800,000$

Book Equity: $$5,000,000$

$\%$ of Assets made up by Equity: $6\%$

Current $\%$ of net income paid to shareholders: $20\%$