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The most recent financial statements for Bradley, Inc., are shown here (assuming no income taxes):...

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Finance

The most recent financial statements for Bradley, Inc., are shown here (assuming no income taxes):

Income Statement
Sales $8,400
Costs 5,040
Net income $3,360

Balance Sheet
Assets $26,880 Debt $11,000
Equity 15,880
Total $26,880 Total $26,880

Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next years sales are projected to be $10,668. What is the external financing needed? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to the nearest whole number.)

Answer is complete but not entirely correct.

EFN $-538selected answer incorrect

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