Mecca Copy, a photocopying center located on University Avenue, provided the following data to prepare a budgeted balance sheet for next year: The beginning balance of retained earnings was $31,000, budgeted net income is $21,400, and budgeted dividends are $3,900. Required: Prepare the company's budgeted balance sheet. Note: Amounts to be deducted should be indicated by a minus sign. Prepare the company's budgeted balance sheet. Note: Amounts to be deducted should be indicated by a minus sign