Help $-$ needing the formula as well for future problems. What is the external financing neededThe most recent financial statements for Mixton, Incorporated, are shown here:

Assets and costs are proportional to sales; debt and equity are not. A dividend of $$3,450$

was paid, and the company wishes to maintain a constant payout ratio. Next year's sales

are projected to be $$44,622.$

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

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

Answer is complete but not entirely correct.