The most recent financial statements for Cardinal, Incorporated, are shown here: Income Statement Sales Costs Taxable income Taxes (23%) Net income $5,100 1,173 $3,927 Total $112,000 Balance Sheet $22,100 Assets $112,000 Debt Equity 17,000 Total $112,000 $ 36,600 75,400 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $1,490 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $29,100. What is the external financing needed?