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The most recent financial statements for Bello, Inc., are shown here:    Income Statement Balance Sheet...

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

  

Income Statement Balance Sheet
  Sales $ 41,400   Assets $ 154,000   Debt $ 46,500
  Costs 27,900   Equity 107,500
  Taxable income $ 13,500   Total $ 154,000   Total $ 154,000
  Taxes (24%) 3,240
  Net income $ 10,260

  

Assets and costs are proportional to sales; debt and equity are not. A dividend of $3,750 was paid, and the company wishes to maintain a constant payout ratio. Next year’s sales are projected to be $46,782.

  

What is the external financing needed? (Do not round intermediate calculations.)
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