The most recent financial statements for Assouad, Incorporated, are shown here:

Income Statement	Balance Sheet
Sales	$ 10,500	Current assets	$ 4,950	Current liabilities	$ 3,075
Costs	7,450	Fixed assets	9,900	Long-term debt	4,610
Taxable income	$ 3,050			Equity	7,165
Taxes (22%)	671	Total	$ 14,850	Total	$ 14,850
Net income	$ 2,379

Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 45 percent dividend payout ratio. As with every other firm in its industry, next years sales are projected to increase by exactly 14 percent.What is the external financing needed? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

What is the external financing needed?