The most recent financial statements for Assouad, Incorporated, are shown here: Income Statement Balance Sheet Current Sales $3,600 Current assets $5,100 $ 930 liabilities Costs Taxable income 2,800 $ 800 Fixed assets 4,900 Long-term debt 3,530 Equity 5,540 Taxes (25%) Net income 200 $ 600 Total $ 10,000 Total $10,000 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 25 percent. What is the external financing needed?