Use the below information to answer the following question. | Income Statement | For the Year | Sales | $36,200 | Cost of goods sold | 27,900 | Depreciation | 2,950 | | | Earnings before interest and taxes | $ 5,350 | Interest paid | 1,180 | | | Taxable income | $ 4,170 | Taxes | 1,270 | | | Net income | $ 2,900 | | | Dividends $870 | | Balance Sheet | End-of-Year | Cash | $ 350 | Accounts receivable | 3,150 | Inventory | 8,300 | | | Total current assets | $11,800 | Net fixed assets | 27,600 | | | Total assets | $39,400 | | | Accounts payable | $ 3,950 | Long-term debt | 14,700 | Common stock ($1 par value) | 12,500 | Retained earnings | 8,250 | | | Total Liab. & Equity | $39,400 | | | This firm maintains a constant payout ratio and is currently operating at full capacity. What is the maximum rate at which the firm can grow without acquiring any additional external financing? | |