The most recent financial statements for Live Co. are shown here: Income Statement Balance Sheet Sales $4,200 Current assets $4,464 Debt $8,926 Costs 2,772 Fixed assets 10,930 Equity 6,468 Taxable income $1,428 Total $15,394 Total $15,394 Taxes (33%) 471 Net income $957 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 internal growth rate? (Do not round your intermediate calculations.)