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The most recent financial statements for Marpole Inc., are shown here (assuming no income taxes): Statement of Comprehensive Income Statement of Financial Position Sales $

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

Statement of Comprehensive Income Statement of Financial Position
Sales $ 6,500 Assets $ 26,500 Debt $ 12,500
Costs 4,610 Equity 14,000
Net income $ 1,890 Total $ 26,500 Total $ 26,500

Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next years sales are projected to be $7,150.

What is the external financing needed?(Do not round intermediate calculations and round your final answer to 2 decimal places. Omit $ sign in your response.)

External financing needed $

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