The most recent financial statements for Cornwall, Inc., are shown here Balance Sheet Income Statement Sales Costs $ 6,900 Current assets $ 3,600 Current liabilities $ 2,200 5,400 Fixed assets 10,200 Long-term debt 3,750 7,850 $13,800 Taxable income $1,500 Equity Taxes (34%) 510 Total $13,800 Total Net income $ 990 Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by exactly 17 percent. What is the external financing needed? (Do not round intermediate calculations and round youn answer to 2 decimal places, e.g., 32.16.) External financing needed