For the next fiscal year, you forecast net income of $51,500 and ending assets of $508,500. Your firm's payout ratio is 10.4%. Your beginning stockholders' equity is $298,100 and your beginning total liabilities are $119,200. Your non-debt liabilities such as accounts payable are forecasted to increase by $9,800. What is your net new financing needed for next year? The net financing required will be $ (Round to the nearest dollar.)