The most recent financial statements for Burnaby Co. are shown here: Statement of Comprehensive Income Sales $14,500 Costs 10,330 Taxable income $ 4,170 Taxes (40%) 1,668 Net income $ 2,502 Current assets Fixed assets Total Statement of Financial Position $12,000 Debt 29,000 Equity $41,000 Total $16,500 24,500 $41,000 Assets and costs are proportional to sales. Debt and equity are not. Burnaby maintains a constant 30% dividend payout ratio. No external equity financing is possible. What is the internal growth rate? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Internal growth rate 8 %