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

INCOME STATEMENT BALANCE SHEET

Sales $ 9,600

Assets $ 16,000

Debt $ 4,000

Costs 7,470

Equity 12,000

Net income $ 2,130

Total $ 16,000

]

Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next years sales are projected to be $11,904. 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