The most recent financial statements for Shingari, Inc., are shown below. Assume there are no income taxes. Assets and costs are proportional to sales, but debt and equity are not. Shingari does not pay dividends. Sales are expected to be $14,820 next year. What is the amount of external financing needed?

Assets Income Statement Sales $12,000 Costs 8,952 Net Income $ 3,048 Balance Sheet $25,500 Debt $ 7,400 Equity $18,100 $25,500 Total D&E $25,500 Total Assets