The most recent financial statements for Martin, Inc., are shown here: Income Statement Sales $ 26,500 Costs (15,900 ) Taxable income $ 10,600 Taxes(34%) (3,604 ) Net income $ 6,996 Balance Sheet Assets $108,650 Debt $45,000 Equity 63,650 Total $108,650 Total. $108,650 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $1,090 was paid, and Martin wishes to maintain a constant payout ratio. Next years sales are projected to be $31,535. What is the external financing needed? (Do not round intermediate calculations. Round your answer to 2 decimal places.) EFN=???