I tried similar problems with no success. Please help me.

the most recent financial statements for Cornell, Inc., are shown here:

INCOME STATEMENT				BALANCE SHEET
Sales	$	26,800		Assets	$	62,800		Debt	$	27,800
Costs		17,400						Equity		35,000
Taxable income	$	9,400		Total	$	62,800		Total	$	62,800
Taxes (40%)		3,760
Net income	$	5,640

Assets and costs are proportional to sales. Debt and equity are not. A dividend of $1,900 was paid, and the company wishes to maintain a constant payout ratio. Next years sales are projected to be $32,160.

What is the external financing needed?