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Here are the abbreviated financial statements for Planners Peanuts: Inces Statement. 2019 Sales $3.060 Costs...

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Here are the abbreviated financial statements for Planners Peanuts: Inces Statement. 2019 Sales $3.060 Costs Net income $1,150 Assets Balance Sheet, Year End 2011 2019 2018 2019 53,360 $6,550 Debt $1,150 $1,860 Equity 2.710 2.69 $3,660 4.450 Total $3,60 $4,550 Total if sales increase by 27% in 2020, and the company uses a strict percentage-of-sales planning model (meaning that all items on the income and balance sheet also increase by 27%), what must be the balancing item? The balancing itemis Click to soloc) What will be its value? (Do not round Intermediate calculations. Round your answer to 1 decimal place.) Value of the balancing its

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