Below is financial informantion for the TeleInfo Inc. in 2022. The company expects to experience sales growth in 2023 of 20%. Dividends of $36,000 were paid in 2022 . The assumptions for this question are as follows: (I) All the costs on TeleInfo's income statement vary directly with sales (II) TeleInfo's total assets balance varies directly with sales (III) The average tax rate is constant (IV) Dividend payout ratio is constant (V) No stocks will be issued or repurchased 1) What is the internal growth rate? ( 3 points) 2) Given your calculated internal growth rate and the projected growth rate 20% will will the company need external borrowings in 2023 ? (1 point)