The most recent financial statements for Martin, Inc., are shown here: Income Statement Sales Costs: Taxable income (214) Net income. $29,500 -15,000 $14,500 -3,045 $11,455 Assets Balance Sheet $82,600 Debt $30,000 Equity Total $82,600 Total 52,600 $82,600 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $1,150 was paid, and Martin wishes to maintain a constant payout ratio. Next year's sales are projected to be $33,925. What is the external financing needed? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) EFN