The most recent financial statements for Minnie's Manufacturing Co. are shown below: Balance Sheet Income Statement 93,600 Current Sales assets 67,350 Costs Fixed assets $ $34,000 Debt $ 44,400 94,400 Equity 84.000 Taxable income $4 $26,250 128,400 Total $ Total $128,400 Tax 6,563 19,687 Net Income $ Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 35 percent dividend payout ratio. No external financing is possible. What is the internal growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Internal growth rate %