3. (30 points) XYZ company had a net income of $5,000, sales of $500,000 last year. The company paid $1,000 of dividend. Total assets were $100,000, of which $20,000 was financed by debt. 1. Calculate the company's sustainable growth rate. b. If the company grows at its sustainable growth rate, how much debt will be issued next year? c. What would be the internal growth rate if the company did not issue debt next year? d. Assume that the company decides to grow by 10% next year. What will be the required external funds if it maintains its dividend payout ratio? e. If the company chooses not to issue new share of stock in order to achieve a growth of 10%, what must be the balancing item? What will its value be