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

Income Statement		Balance Sheet
Sales	$18,000	Current assets	$38,814	Debt	$38,254
Costs	10,800	Fixed assets	27,160	Equity	27,720
Taxable income	$7,200	Total	$65,974	Total	$65,974
Taxes (34%)	2,448
Net income	$4,752

Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 36 percent dividend payout ratio. What is the fastest the company could grow while keeping the current debt-equity ratio constant and without issuing new shares? (Do not round your intermediate calculations.)

a. 12.32 %

b. 11.82 %

c. 6.58 %

d. 4.83 %

e. 12.82 %