106. I am need help solving this problem for my corporate finance homework and was hoping someone could help me with it and provide work shown with the correct answer!

IZAX, Co. had the following items on its balance sheet at the beginning of the year: Its net income this year is $20,200 and it pays dividends of $4,800. If its assets grew at its internal growth rate, what is its new D/E ratio? The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career The internal growth rate is \%. (Round to two decimal places.) The ending total assets will be \$ (Round to the nearest dollar.) The debvequity ratio will be (Round to three decimal places.)