4. EFN The most recent financial statements for Last in Line, Inc., are shown here: Income Statement Balance Sheet Sales Costs $23,000 16,500 Assets $115,000 Debt $ 38,600 Equity 76,400 Taxable income $ 6,500 Total $115,000 Total $115,000 Taxes (40%) 2,600 Net income $ 3,900 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $1,560 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $27,600. What is the external financing needed?