The most recent financial statements for Live Co. are shown here:

Income Statement		Balance Sheet
Sales	$4,900	Current assets	$5,208	Debt	$10,413
Costs	3,234	Fixed assets	12,751	Equity	7,546
Taxable income	$1,666	Total	$17,959	Total	$17,959
Taxes (34%)	566
Net income	$1,100

Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 32 percent dividend payout ratio. No external equity financing is possible.

Required:

What is the internal growth rate?