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

Income Statement		Balance Sheet
Sales	$ 19,300	Current assets	$ 11,780	Debt	$ 15,940
Costs	13,200	Fixed assets	27,900	Equity	23,740
Taxable income	$ 6,100	Total	$ 39,680	Total	$ 39,680
Taxes (21%)	1,281
Net income	$ 4,819

Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 45 percent dividend payout ratio. What is the sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)