Here are the abbreviated financial statements for Planners Peanuts: Sales Costs Income Statement, 2015 $3,280 1.990 Net income $ 1,290 Assets 2014 $2,950 Balance Sheet, Year-End 2015 $3,490 Debt Equity 2014 $1,210 1,740 2015 $1,050 2,440 Total $2,950 $3,490 Total $2,950 $3,490 If sales increase by 34% in 2016, and the company uses a percentage-of-sales planning model (meaning that all items on the income and balance sheet also increase by 34%), what must be the balancing item? The balancing item is (Click to select) What will be its value? (Round your answer to 1 decimal place.) Value of the balancing item $