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The most recent financial statements for GPS, Inc., are shown here: Income Statement Sales $23,120 Costs $11,132 Taxable Income ? Taxes (40%) ? Net Income

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

Income Statement
Sales $23,120
Costs $11,132
Taxable Income ?
Taxes (40%) ?
Net Income ?

Balance Sheet
Assets $56,917 Debt $21,193
Equity ?

Assets and costs are proportional to sales. Debt and equity are not. A dividend of $1,748 was paid, and the company wishes to maintain a constant payout ratio. Next years sales are projected to be $27,881.

What is the external financing needed? (Negative amount should be indicated by a minus sign.)

(Omit the "$" sign and commas in your response. Enter your answer rounded to 2 decimal places. For example, $1,200.456 should be entered as 1200.46.)

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