The most recent financial statements for Assouad, Inc., are shown here: Income Statement Sales $ 7,900 $ 2,100 Balance Sheet Current Current $ 3,900 assets liabilities Fixed assets 8,600 Long-term debt Costs 5,500 3,700 Taxable income $2,400 Equity 6,700 Taxes (25%) 600 Total $12,500 Total $12,500 Net income $ 1,800 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 15 percent. What is the external financing needed? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) External financing needed