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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

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 (35%) 2,520

Net Income $4689

Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 28 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.

HINT: You must know the difference between IGR and SGR.

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