The most recent financial statements for Assouad, Inc., are shown here: Income Statement Sales $ 8,100 $ 3,150 Balance Sheet Current liabilities Long-term 8,700 debt Current assets Fixed assets $ 2,175 Costs 5,650 3,770 Taxable income $2,450 Equity 5,905 Taxes (22%) 539 Total $11,850 Total $11,850 Net income $ 1,911 Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 35 percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by exactly 18 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