The most recent financial statements for Martin, Inc., are shown here: Income Statement Sales Costs Taxable income Taxes (21%) Net income $22,125 -13,275 $8,850 -1,859 $6,991 Assets Balance Sheet $88,500 Debt Equity $88,500 Total $30,000 58,500 $88,500 Total Assets and costs are proportional to sales. Debt and equity are not. A dividend of $940 was paid, and Martin wishes to maintain a constant payout ratio. Next year's sales are projected to be $26,550. What is the external financing needed? (Do not round intermediate calculations. Round your answer to 2 decimal places.) EFN