A firm has the following balance sheet. It expects sales to increase 30% over the previous year's level of $9,000, and anticipates retaining $3,000 of its earnings. 
According to the un modified percentage of sales method, the amount of external funds needed will be:
Definitions:
Conscious Processing
The mental activities of which an individual is aware and which are under deliberate, voluntary control.
Intuition
The ability to understand or know something immediately, without the need for conscious reasoning.
Schemas
Cognitive structures that help individuals organize and interpret information, based on their accumulated knowledge and expectations.
Social World
The social world refers to the sphere of human interaction and relationships, encompassing social norms, communities, and the structures of society.
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