Mecca Copy, a photocopying center located on University Avenue, provided the following data to prepare a budgeted balance sheet for next year:

$\backslash$table$[[,\backslash$table$[[$Ending$],[$Balances$]]],[$Cash$,?],[$Accounts receivable,$$9,000],[$Supplies inventory,$$2,400],[$Equipment$,$$$38,500],[$Accumulated depreciation,$$15,600],[$Accounts payable,$$2,700],[$Common stock,$$5,000],[$Retained earnings,?$]]$

The beginning balance of retained earnings was $$26,000,$ budgeted net income is $$15,400,$ and budgeted dividends are $$5,400.$

Required:

Prepare the company's budgeted balance sheet.

Note: Amounts to be deducted should be indicated by a minus sign.

$\backslash$table$[[$Mecca Copy,,$],[$Budgeted Balance Sheet,,$],[$Current assets:,,$],[,,],[,,],[$Total current assets,,$],[$Plant and equipment:,,$],[,,],[$Plant and equipment, net,,$],[$Total assets,,$],[,,],[$Current liabilities:,,$],[,,],[$Stockholders$\text{'}$ equity:,,$],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,]]$