Suppose that Wind Em Corp. currently has the balance sheet shown below, and that sales for the year just ended were $7.2 million. The firm also has a profit margin of 30 percent, a retention ratio of 20 percent, and expects sales of $8.2 million next year.

AssetsLiabilities and EquityCurrent assets$2,144,000Current liabilities$2,717,280Fixed assets5,200,000Long-term debt1,600,000Equity3,026,720Total assets$7,344,000Total liabilities and equity$7,344,000

If all assets and current liabilities are expected to grow with sales, what amount of additional funds will Wind Em need from external sources to fund the expected growth?