The most recent financial statements for Sedem Inc., are shown here (assuming no income taxes):

Income Statement		Balance Sheet
Sales	$4,500	Assets	$15,400	Debt	$10,800
Costs	3,480			Equity	4,600
Net income	$1,020	Total	$15,400	Total	$15,400

Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $5,973.

Required:

What is the external financing needed? (Do not round your intermediate calculations.)

Multiple Choice

$3,687

$3,437

$3,812

$3,967