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

Income Statement Balance Sheet

Sales $ $96,000$ Current assets $ $36,000$ Debt $ $46,800$

Costs $68,550$ Fixed assets $95,600$ Equity $84,800$

Taxable income $ $27,450$ Total $ $131,600$ Total $ $131,600$

Tax $(24\%)6,588$

Net Income $ $20,862$

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$.,32\mathrm{.}16.$