The most recent financial statements for Mandy Company are shown below: Income Statement Sales Costs Taxable income $ 25,350 $ 91,800 Current assets 66,450 Fixed assets Total Balance Sheet $ 32,500 93,500 $ 126,000 Debt Equity $ 42,600 83,400 Total $ 126,000 Tax (22%) 5,577 $ 19,773 Net Income Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. No external financing is possible. What is the internal growth rate? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Internal growth rate %