The most recent financial statements for Assouad, Inc., are shown here Income Statement Sales Costs Balance Sheet Current assets Current 9,100 $3,900 liabilities $2,550 6,400 Fixed assets 9,200 Long-term 4,120 debt Taxable income $2,700 Equity 6,430 Taxes (24%) 648 Total $13,100 Total $13,100 Net income $2,052 Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 45 percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by exactly 16 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