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The most recent financial statements for Incredible Edibles, Inc., are shown here (assuming no income taxes): INCOME STATEMENT BALANCE SHEET Sales $ 7,300 Assets $

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

INCOME STATEMENT BALANCE SHEET
Sales $ 7,300 Assets $ 20,500 Debt $ 8,000
Costs 4,880 Equity 12,500
Net income $ 2,420 Total $ 20,500 Total $ 20,500

Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next years sales are projected to be $8,541.

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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