The most recent financial statements for Bello, Inc., are shown here: Income Statement $38,600 26,500 Balance Sheet $ 39,500 100,500 Assets $140,000 Debt Sales Equity Costs Taxable $140,000 Total $12,100 Total $140,000 income Taxes (25%) 3,025 Net income $ 9,075 proportional to sales; debt and equity are not. A dividend of $3,050 Assets and costs are paid, and the company wishes to maintain a constant payout ratio. Next year's sales projected to be $44,390. was are What is the external financing needed? (Do not round intermediate calculations.) External financing needed