The most recent financial statements for Mixton, Incorporated, are shown here:

Income Statement Balance Sheet

Sales $ $30,600$ Assets $ $72,400$ Debt $ $36,000$

Costs $18,350$ Equity $36,400$

Taxable income $ $12,250$ Total $ $72,400$ Total $ $72,400$

Taxes $(22\%)2,695$

Net income $ $9,555$

Assets and costs are proportional to sales. Debt and equity are not. A dividend of $$3,600$ was paid, and the company wishes to maintain a constant payout ratio. Next year$$s sales are projected to be $$34,272.$ What is the external financing needed?