The most recent financial statements for Mixton, Incorporated, are shown here: INCOME STATEMENT Sales Costs Taxable income Taxes (23%) Net income $ 58,000 Assets 47,800 External financing needed $ 10,200 2,346 $ 7,854 Total BALANCE SHEET Debt Equity Total $ 125,300 $ 125,300 $ 39,900 85,400 $ 125,300 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $3,500 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $66,700. What is the external financing needed? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.

The most recent financial statements for Mixton, Incorporated, are shown here: Assets and costs are proportional to sales. Debt and equity are not. A dividend of $3,500 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $66,700. What is the external financing needed? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32