The most recent financial statements for Summer Tyme, Inc., are shown here: Income Statement Balance Sheet Current Sales $3,600 Current assets $5,100 $860 liabilities Costs 2,000 Fixed assets Long-term 5,700 3,650 Taxable income $1,600 debt Equity 6,290 Taxes (34%) Net income 544 Total $1,056 $10,800 Total $10,800 Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 60 percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by exactly 30 percent. Required: What is the external financing needed? (Do not round your intermediate calculations.)