Here are the abbreviated financial statements for Planners Peanuts: Income Statement, 2015 Sales Costs $2,790 920...

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Here are the abbreviated financial statements for Planners Peanuts: Income Statement, 2015 Sales Costs $2,790 920 Net income $ 1,870 Balance Sheet, Year-End Assets 2014 $2,890 2015 2014 2015 $5,130 Debt $1,110 $1,920 Equity 1,780 3.210 Total $2,890 $5,130 Total $2,890 $5,130 If sales increase by 21% 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 21%). The balancing item, in this case, will be dividends. What will be the value of the dividends (show your work for partial marks)? Here are the abbreviated financial statements for Planners Peanuts: Income Statement, 2015 Sales Costs $2,790 920 Net income $ 1,870 Balance Sheet, Year-End Assets 2014 $2,890 2015 2014 2015 $5,130 Debt $1,110 $1,920 Equity 1,780 3.210 Total $2,890 $5,130 Total $2,890 $5,130 If sales increase by 21% 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 21%). The balancing item, in this case, will be dividends. What will be the value of the dividends (show your work for partial marks)?