The most recent financial statements for Assouad, Inc., are shown here: $950 Income Statement Balance Sheet Current Sales $3,500 Current assets $4,500 liabilities Long-term Costs 2,500 Fixed assets 5,600 debt Taxable income $1,000 Equity Taxes (25%) 250 Total $10,100 Total Net income $750 3,540 5,610 $10,100 Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by exactly 20 percent What is the external financing needed