$1$

Problem $3-8$ Calculating EFN

The most recent financial statements for Hu $,$ Incorporated, are shown here $($assuming no

income taxes$)$:

Assets and costs are proportional to sales; debt and equity are not. No dividends are

paid. Next year's sales are projected to be $$8,541.$

What is the external financing needed? $($Do not round intermediate calculations and

round your answer to the nearest whole number, e$.$g$.,32.)$

External financing needed