The most recent financial statements for Cardinal, Inc., are shown here: Income Statement Sales $33,400 Assets $78,000 Debt$40,900 Costs Balance Sheet 18,700 Equity 37100 Taxable $14,700 $78,000 Tota $78,000 income Taxes (24%) 3,528 Net income$ 11,172 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $4,300 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $40,080. What is the external financing needed? (Do not round intermediate calculations.) External financing needed