The most recent financial statements for cornwall, inc., are shown here: income statement balance sheet sales $ 6,000 current assets $ 2,700 current liabilities $ 2,200 costs 4,950 fixed assets 9,100 long-term debt 3,750 taxable income $ 1,050 equity 5,850 taxes (34%) 357 total $ 11,800 total $ 11,800 net income $ 693 assets, costs, and current liabilities are proportional to sales. long-term debt and equity are not. the company maintains a constant 40 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.)