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

Income Statement
Sales	$20,926
Costs	$14,428
Taxable Income	?
Taxes (40%)	?
Net Income	?

Balance Sheet
Assets	$59,563	Debt	$23,617
		Equity	?

Assets and costs are proportional to sales. Debt and equity are not. A dividend of $1,581 was paid, and the company wishes to maintain a constant payout ratio. Next years sales are projected to be $28,879.

What is the external financing needed?