Swami Transport is an overland freight service that promises ship your package all . . . the . . . way. They are currently bumbling and stumbling to meet demand and are, thus, currently operating at full capacity.

They have sales of $29,000, current assets of $1,600, current liabilities of $1,200, net fixed assets of $27,500, and a 4.1 percent profit margin. The firm has no long-term debt and does not plan on acquiring any. The firm does not pay any dividends. Sales are expected to increase by 3.3 percent next year.

If all assets, short-term liabilities, and costs vary directly with sales, how much additional equity financing is required for next year?