Problem 19-6 Calculating EFN (LO4, CFA8)

The most recent financial statements for Bradley, Inc., are shown here (assuming no income taxes):

Income Statement
Sales	$8,800
Costs	6,600
Net income	$2,200

Balance Sheet
Assets	$26,400		Debt	$9,500
			Equity	16,900
Total	$26,400		Total	$26,400

Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next years sales are projected to be $10,472. What is the external financing needed? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to the nearest whole number.)