The following information pertains to James Corporation:

Assets which increase spontaneously with sales as a percent of sales = 35%

Liabilities which increase spontaneously with sales as a percent of sales = 8%

Sales (2019) = $40,000,000

Expected growth in sales for 2020 = 14%

Profit Margin on Sales = 5%

Dividend Payout Ratio = 60%

Total liabilities for 2019 = $10,000,000

Total equity for 2019 = $25,000,000

If James, Inc. can only get an additional $400,000 in debt, how much common stock must it issue in year 2020?