Circus Canine is currently operating at full capacity. The net profit margin and the dividend payout ratio are held constant. Net working capital and fixed assets vary directly with sales. The company currently has current liabilities of $3,950, long-term debt of $14,700, net working capital of $7,850, net fixed assets of $27,600, owners equity of $20,750, net income of $2,900, and dividends paid of $870. What is the external financing need if sales increase by 11 percent ?