The most recent financial statements for Cardinal, Inc., are shown here: Income Statement Sales Balance Sheet $27,800 Assets $66,800 Debt 31,100 Equity 35,700 Taxable $9,800 $66,800 Total $66,800 Taxes (22%) 2156 Net income $ 7,644 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2,900 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $33,360. What is the external financing needed? (Do not round intermediate calculations.) External financing needed