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The most recent financial statements for Xporter, Inc., are shown here: Income Statement Sales $6,813 Costs $5,829 Taxable Income ? Taxes (34%) ? Net Income

The most recent financial statements for Xporter, Inc., are shown here:

Income Statement
Sales $6,813
Costs $5,829
Taxable Income ?
Taxes (34%) ?
Net Income ?

Balance Sheet
Current Asset $3,578 Current Liabilities $2,047
Fixed Asset $9,726 Long Term Debt $3,565
Equity ?

Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 21 percent dividend payout ratio. As with every other firm in its industry, next years sales are projected to increase by exactly 15 percent.

What is the external financing needed? (round 2 decimal places)

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