The most recent financial statements for Reply, Inc., are shown here Income Statement Sales Costs Balance Sheet $ 23,500 Assets $53,400 Debt $20,200 33,200 14,900 Equity Taxable income $ 8,600Tt$53,400 Total 53,400 Taxes (40%) 3,440 Net income 5,160 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2,100 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $27,025. What is the external financing needed? (Do not round intermediate calculations.) External financing needed