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The most recent financial statements for Hornick, Inc., are shown here (assuming no income taxes): Income Statement Balance Sheet Sales $ 8,200 Assets $ 24,600

The most recent financial statements for Hornick, Inc., are shown here (assuming no income taxes):

Income Statement Balance Sheet
Sales $ 8,200 Assets $ 24,600 Debt $ 12,000
Costs 5,860 Equity 12,600
Net income $ 2,340 Total $ 24,600 Total $ 24,600

Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next years sales are projected to be $9,102.

What is the external financing needed? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

External financing needed $

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