The most recent financial statements for Cornwall, Inc., are shown here: Income Statement Balance Sheet Sales $ 5,800 Current assets $ 2,500 Current liabilities $ 2,200 Costs 4,400 Fixed assets 8,100 Long-term debt 3,750 Taxable income $ 1,400 Equity 4,650 Taxes (34%) 476 Total $ 10,600 Total $ 10,600 Net income $ 924 Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. As with every other firm in its industry, next year’s sales are projected to increase by exactly 10 percent. What is the external financing needed? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)