What is the sustainable growth rate for 2015? Narrow Falls Lumber 2015 Income Statement Net sales Cost of goods sold Depreciation EBIT Interest $848,600 542,800 147 400 $168,400 12,600 $145,800 51 800 $94.000 Taxable income Taxes Net income Dividends $28,200 Narrow Falls Lumber Balance Sheets as of December 31, 2014 and 2015 Cash Accounts receivable Inventory 2015 2014 $ 32,300 $ 26,900 74,700 72,300 99,500 97,800 2015 2014 $ 78.900$ 79,200 50,000 40.000 295,600 354,500 Accounts payable Notes payable Long-term debt Common stock and paid in surplus ($1 par value) Retained earnings Total liabilities & owners' equity Net foxed assets 707100 705.000 170,000 319.100 175,000 253,300 Total assets $913.600 $902.000 $913 600 $902.000 Select one: a. 10.91% b. 14.46% c. 15.54% d. 12.63% e. 13.97%