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The most recent financial statements for Martin, Incorporated, are shown here: Assets and costs are proportional to sales. Debt and equity are not. A dividend

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The most recent financial statements for Martin, Incorporated, are shown here: Assets and costs are proportional to sales. Debt and equity are not. A dividend of $1,000 was paid, and Martin wishes to maintain a constant payout ratio. Next year's sales are projected to be $23,750. What is the external financing needed? Note: Do not round intermediate calculations. Round your answer to 2 decimal places

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