For the next fiscal year, you forecast net income of $50,800 and ending assets of $501,400. Your firm's payout ratio is 10.4%. Your beginning stockholders' equity is $299,200, and your beginning total liabilities are $119,600. Your non-debt liabilities, such as accounts payable, are forecasted to increase by $10,000. What will be your net new financing needed for next year? The net financing required will be $ . (Round to the nearest dollar.)