The most recent financial statements for Bello, Inc., are shown here: Income Statement Sales $ 41,600 Costs 28,000 Balance Sheet Assets $155.000 Debt Equity $ 47,000 108,000 Taxable income $ 13,600 Total $155,000 Total $155,000 Taxes (25%) 3,400 Net income $ 10,200 Assets and costs are proportional to sales, debt and equity are not. A dividend of $3,800 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $47,424. What is the external financing needed? (Do not round intermediate calculations.) External financing needed