Here's exactly what goes into pricing a cake worth $1,000 Virginia Chamlee is a Politics Writer at PEOPLE. She has been working at PEOPLE for three years ... a child's 7th birthday party.

But the strong-minded little girl insisted it was her 16th birthday. “Already?” Irwin asked. ” … They really are right. You just blink your eyes and suddenly your 3-year-old is 16.” ...