The most recent financial statements for Apple Banana Corp., are shown below:

Income Statement:		Balance Sheet:
Sales:	$3,800	Current assets	$3,900	Current liabilities	$780
Costs	1,900	Fixed assets	6,100	Long-term debt	3,650
Taxable income	$1,900			Equity	5,570
Taxes (33%)	627	Total	$10,000	Total	$10,000
Net income	$1,273

Apple Banana Corp. maintains a constant 50 percent dividend payout ratio. Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. Next year's sales are projected to increase by exactly 30 percent.

What is the external financing needed? (*****Do not round your intermediate calculations.)

Choose from the following options:

• $1,938.55

• $1,095

• $1,888.55

• $1,988.55

• $2,172.55