The most recent financial statements for Cornell, Inc., are shown here:

INCOME STATEMENT		BALANCE SHEET
Sales	$	23,500		Assets	$	53,400		Debt	$	20,200
Costs		14,900						Equity		33,200
Taxable income	$	8,600		Total	$	53,400		Total	$	53,400
Taxes (40%)		3,440
Net income	$	5,160

Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2,100 was paid, and the company wishes to maintain a constant payout ratio. Next years sales are projected to be $27,025.

What is the external financing needed? (Do not round intermediate calculations.)