The most recent financial statements for Minnie's Manufacturing Co. are shown below: Income Statement Balance Sheet 94,200 Current Sales $34,500 Debt $ 45,000 assets 67,650 94,700 Equity Fixed assets Costs 84,200 26,550 129,200 2$ Taxable income Total $129,200 Total Tax 5,576 20,974 24 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? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Internal growth rate