The most recent financial statements for Live Co. are shown here: Income Statement Balance Sheet Current Sales $3,700 $3,933 Debt $7,863 assets Fixed 18 Costs 2,442 9,628 Equity 5,698 assets Taxable $1,258 Total $13,561 Total $13,561 income Taxes (35%) 440 Net income $818 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 26 percent dividend payout ratio. No external equity financing is possible. Required: What is the internal growth rate? (Do not round your intermediate calculations.)