The most recent financial statements for Schenkel Co. are shown here: Income Statement Sales $16,600 Balance Sheet Current $ 11,800 Debt assets Fixed assets 28,500 Equity $ 16,300 24,000 Costs 12,500 Taxable income $ 4,100 Total $ 40,300 Total $40,300 Taxes (40%) 1,640 Net income $ 2,460 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 25 percent dividend payout ratio. No external equity financing is possible. What is the sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Sustainable growth rate