The most recent financial statements for Cardinal, Inc., are shown here. Income Statement Sales $27,400 Costs 17,950 Assets Balance Sheet $66,000 Debt Equity $30,400 35,600 Taxable income $ 9,450 Total $66,000 Total $66,000 Taxes (22%) 2,079 Net income $ 7,371 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2,800 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $32.332. What is the external financing needed? (Do not round intermediate calculations.) External financing needed