The most recent financial statements for Assouad, Inc., are shown here: Income Statement Balance Sheet Sales $3,600 Current assets $5,200 Current liabilities $820 Costs 2,700 Fixed assets 5,400 Long-term debt 3,520 Taxable income $900 Equity 6,260 Taxes (25%) 225 Total $10,600 Total $10,600 Net income $675 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?