A firm has current sales of $32,000. Projected sales for next year are $35,520. The percentage of sales approach is used for pro forma purposes. All balance sheet accounts, except long-term debt and common stock, change according to that approach. The expected increase in retained earnings is $2,200. What is the projected external financing need given the following current account values? 
Definitions:
Doodads
Informal term for small, often decorative objects with no specific utility or function.
Type Alpha Employees
A categorization for employees who are highly motivated, confident, and capable of independent work.
Type Beta Employees
A categorization in a theoretical model that may refer to a certain group of employees characterized by specific attributes or behaviors, commonly seen in psychological or economic models.
Plowshares
Tools used in farming for cutting furrows in the soil, symbolic of peaceful applications of resources.
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