The most recent financial statements for Mixton, Incorporated, are shown here: Income Statement Balance Sheet Sales Costs $38,600 26,500 Assets $140,000 Debt Equity $39,500 100,500 Taxable income $ 12,100 Total $140,000 Total $140,000 Taxes (25%) 3,025 Net income $ 9,075 Assets and costs are proportional to sales; debt and equity are not. A dividend of $3,050 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $44,390. What is the external financing needed? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) External financing needed