The most recent financial statements for Assouad, Incorporated, are shown here: Income Statement Balance Sheet $ Sales Costs Current assets $4,800 Current liabilities $ 3,000 10,300 7,300 Fixed assets 9,800 Long-term debt 4,540 Taxable income $3,000 Equity 7,060 Taxes (24%) $ 720 Total Total 14,600 14,600 Net income $ 2,280 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 19 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