The most recent financial statements for Bello, Inc., are shown here: Income Statement Sales $39,200 Costs 26,800 Balance Sheet Assets $143,000 Debt Equity $ 41,000 102,000 Taxable income $ 12,400 Total $143,000 Total $143,000 Taxes (23%) 2,852 Net income $ 9,548 Assets and costs are proportional to sales; debt and equity are not. A dividend of $3,200 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $43,904. What is the external financing needed? (Do not round intermediate calculations.)