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

Income Statement				Balance Sheet
Sales	$	26,600		Assets	$	61,000		Debt	$	27,600
Costs		17,900						Equity		33,400
Taxable income	$	8,700		Total	$	61,000		Total	$	61,000
Taxes (40%)		3,480
Net income	$	5,220

Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2,200 was paid, and the company wishes to maintain a constant payout ratio. Next years sales are projected to be $31,920.

What is the external financing needed? (Do not round intermediate calculations.)

External financing needed

$