Consider the following simplified financial statements for the Fire Corporation (assuming no income taxes):

Income Statement
Sales	$33194
Costs	$25619

Balance Sheet
Assets	$52196	Debt	$15380
		Equity	?

The company has predicted a sales increase of 8 percent. Assume Fire pays out half of net income in the form of a cash dividend. Costs and assets vary with sales, but debt and equity do not.

Determine the external financing needed. (round 2 decimal places)