The most recent financial statements for GPS, Inc., are shown here: Balance Sheet $119,000 Debt Equity $44,600 74,400 Income Statement Sales $24,000 Assets Costs 16,900 Taxable $7,100 Total income Taxes (35%) 2,485 Net income $4,615 $119,000 Total $119,000 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $1,640 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $27,800. Required: What is the external financing needed