The most recent financial statements for Schenkel Co. are shown here: Income Statement Sales $ 14,300 Costs 10,300 Current assets Fixed assets Balance Sheet $ 11,400 Debt 27,500 Equity $15,900 23,000 Taxable income $ 4,000 Total $38,900 Total $38,900 Taxes (40%) 1,600 Net income $ 2.400 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 25 percent dividend payout ratio. No external financing is possible. What is the internal growth rate? (Do not round intermediate calculations. Enter your answer as a percent rounded 2 decimal places, e.g., 32.16.) Internal growth rate