The most recent financial statements for Mandy Company are shown below:

Income Statement Balance Sheet

Sales $ $88,800$ Current assets $ $30,000$ Debt $ $39,600$

Costs $64,950$ Fixed assets $92,000$ Equity $82,400$

Taxable income $ $23,850$ Total $ $122,000$ Total $ $122,000$

Tax $(22\%)5,247$

Net Income $ $18,603$

Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant $35$ percent dividend payout ratio. No external equity financing is possible. What is the sustainable growth rate?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$