The most recent financial statements for GPS, Inc., are shown here: Income Statement Balance Sheet $22,800 Assets $124,000 Debt Sales Costs Taxable income Taxes (35%) $37,600 86,400 $124,000 15,800 $7,000 Tota Equity $124,000 Tota 2,450 $4,550 Net income Assets and costs are proportional to sales. Debt and equity are not. A dividend of $1,480 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $28,600. Required: What is the external financing needed? O $27,693 O $23,857 O $22,579 $21,30o $226,323