The most recent financial statements for Martin, Inc., are shown here:

Income Statement
Sales	$	16,000
Costs		(9,600	)
Taxable income	$	6,400
Taxes(35%)		(2,240	)
Net income	$	4,160

Balance Sheet
Assets	$	44,800		Debt	$	22,000
				Equity		22,800
Total	$	44,800		Total	$	44,800

Assets and costs are proportional to sales. Debt and equity are not. A dividend of $970 was paid, and Martin wishes to maintain a constant payout ratio. Next years sales are projected to be $19,680. What is the external financing needed? (Do not round intermediate calculations. Round your answer to 2 decimal places.)