The most recent financial statements for Assouad, Incorporated, are shown here: Income Statement Sales Costs Balance Sheet Current assets $5,850 Current liabilities $3,525 $11,700 8,350 Fixed assets 10,500 Long-term debt 5,030 Taxable income $3,350 Equity 7,795 $ Taxes (22%) 737 Total Total 16,350 16,350 Net income $2,613 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 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