The most recent financial statements for Mandy Company are shown below: Income Statement Sales Costs $ 96,600 68,850 Current assets Fixed assets Taxable income $ 27,750 Total Balance Sheet $ 36,500 Debt 95,900 Equity $132,400 $ 47,400 85,000 Total $ 132,400 Tax (258) 6,938 Net Income $ 20,812 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 %