In the vertical direction, take up to be positive and down to be negative. Then the net vertical force would be
5120 N - 4050 N = 1070 N
(it's positive, so the net vertical force is pointing upward)
In the horizontal direction, take right to be positive and left to be negative. Then the net horizontal force would be
950 N - 1520 N = -570 N
(negative means the net horizontal force points to the left)
So the net force on the balloon is the vector
F = (1070 N) i + (-570 N) j
(where i and j are the unit vectors in the horizontal and vertical directions, respectively)
The magnitude of the net force on the balloon is the magnitude of this vector:
F = √((1070 N)² + (-570 N)²)
F ≈ 1212 N