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Consider the following simplified financial statements for the Fire Corporation (assuming no income taxes): Income Statement Sales $32,816 Costs $27,558 Balance Sheet Assets $55,055 Debt

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Consider the following simplified financial statements for the Fire Corporation (assuming no income taxes): Income Statement Sales $32,816 Costs $27,558 Balance Sheet Assets $55,055 Debt $19,418 Equity ? The company has predicted a sales increase of 8 percent. Assume Fire pays out half of net income in the form of a cash dividend. Costs and assets vary with sales, but debt and equity do not. Determine the external financing needed. (Negative amount should be indicated by a minus sign.) (Omit the "$" sign and commas in your response. Enter your answer rounded to the nearest whole dollar amount. For example, $1,200.456 should be entered as 1200.)

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