The financial statement of Rutlam & Company is as follows:

Income Statement

Sales

5,700

Costs

4,200

Taxable Income

1,500

Taxes 34%

510

Net Income

990

Balance Sheet

Current Assets

3,900

Current Liabilities

2,200

Fixed Assets

8,100

Long Term Debt

3,750

Equity

6,050

Total

12,000

Total

12,000

Assets, Costs and current liabilities are proportional to sales. Long term debt and equity are not. The company maintains a constant 40% dividend pay-out ratio. Next years sales are projected to increase by exactly 15%. What is the external financing required?