The most recent financial statements for Mandy Company are shown here: Income Statement Sales $16,400 Costs 11,200 Current assets Fixed assets Balance Sheet $ 11,200 Debt 24,300 Equity $ 13,600 21,900 Taxable income $5,200 Total $ 35,500 Total $ 35,500 Taxes (21%) 1,092 Net income $ 4,108 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. What is the internal growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.) Internal growth rate %