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The most recent financial statements for Bello, Inc., are shown here: Income Statement Sales $40,400...

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The most recent financial statements for Bello, Inc., are shown here: Income Statement Sales $40,400 Costs 27,400 Balance Sheet Assets $149,000 Debt Equity $ 44,000 105,000 Taxable income $13.000 Total $149,000 Total $149,000 Taxes (24%) 3,120 Net income $ 9,880 Assets and costs are proportional to sales, debt and equity are not. A dividend of $3,500 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $45,248. What is the external financing needed? (Do not round intermediate calculations.) External financing needed

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