The Imperial Beverage Co. currently has sales of $1,340,500 and net income of $320,500. Its debt ratio is 30% and its dividend payout ratio is 65%. If the companys total assets are worth $1,750,000, its sustainable growth rate would be _____. (Do not round intermediate calculations. Round final percentage answer to two decimal places.)

13.16

9.16%

11.16%

7.16%