Problem 19-9 Percentage-of-Sales Models (LO2) Here are the abbreviated financial statements for Planners Peanuts Income statement, 2019 Sales $3,900 Costs 1,410 Net income S2,490 Assets Balance Sheet, Year-End 2018 2019 2018 2019 $4,570 $3,600 Debt $1,520 $1,230 Equity 3,050 2,370 $4,570 $3,600 Total $4,570 $3,600 Total If sales increase by 30% 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 30%), what must be the balancing item? The balancing item is (Click to select) What will be its value? (Do not round intermediate calculations. Round your answer to 1 decimal place.) Value of the balancing item $