the balancing item is -----

options: costs/ dividends / sales

Here are the abbreviated financial statements for Planners Peanuts: Sales Costs Income Statement, 2015 $3,310 1,530 Net income $ 1.780 2014 $3,540 Balance Sheet, Year-End 2015 $4,770 Debt Equity Assets 2014 $1,490 2,050 2015 $1,430 3,340 Total $3,540 $4.770 Total $3,540 $4,770 if sales increase by 29% 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 29%), 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 items