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

Income Statement				Balance Sheet
Sales	$	28,200		Assets	$	57,500		Debt	$	25,300
Costs		20,100						Equity		32,200
Taxable income	$	8,100		Total	$	57,500		Total	$	57,500
Taxes (40%)		3,240
Net income	$	4,860

Assets and costs are proportional to sales. Debt and equity are not. A dividend of $1,600 was paid, and the company wishes to maintain a constant payout ratio. Next years sales are projected to be $31,020.

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

External financing needed $ __________________________