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

Income Statement Balance Sheet

Sales $ $33,200$ Assets $ $22,150$ Debt $ $6,650$

Costs $25,440$ Equity $15,500$

Net income $ $7,760$ Total $ $22,150$ Total $ $22,150$

The company has predicted a sales increase of $16$ percent. Assume the company 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.

Prepare the pro forma statements. $($Input all amounts as positive values. Do not round intermediate calculations and round your answers to the nearest whole dollar amount.$)$

What is the external financing needed? $($Do not round intermediate calculations. A negative answer should be indicated by a minus sign.$)$