For the next fiscal year, you forecast net income of $51,400 and ending assets of $509,400. Your firm's payout ratio is 10.1%. Your beginning stockholders' equity is $299,900, and your beginning total liabilities are $119,000. Your non-debt liabilities, such as accounts payable, are forecasted to increase by $9,800. What will be your net new financing needed for next year? The net financing required will be $ (Round to the nearest dollar.)