The most recent financial statements for Live Co. are shown here: Income Statement Balance Sheet Sales $19,000 Current assets $40,970 Debt $40,379 Costs 11,400 Fixed assets 28,669 Equity 29,260 Taxable income $7,600 Total $69,639 Total $69,639 Taxes (34%) 2,584 Net income $5,016 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 16 percent dividend payout ratio. No external equity financing is possible. Required: What is the sustainable growth rate? (Do not round your intermediate calculations.)

16.82 %

2.82 %

16.32 %

6.44 %

17.32 %