Here are the abbreviated financial statements for Planner's Peanuts: INCOME STATEMENT, 2019 Sales $11 , 000 Cost 8, 700 .Net income $ 2, 300 BALANCE SHEET, YEAR-END 2018 2019 2018 2019 Assets $10, 500 $11, 500 Debt $ 853 $1, 000 Equity 9, 647 10, 500 Total $10, 500 $11, 500 Total $10, 500 $11, 500 Ices a. If sales increase by 25% 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 25%), what must be the balancing item? b. What will be the value of this balancing item? a. Balancing item b. Value