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

Ending Balances

Cash $?$question mark

Accounts receivable $ $8,100$

Supplies inventory $ $3,200$

Equipment $ $34,000$

Accumulated depreciation $ $16,000$

Accounts payable $ $1,800$

Common stock $ $5,000$

Retained earnings $?$question mark

The beginning balance of retained earnings was $$28,000,$ budgeted net income is $$11,500,$ and budgeted dividends are $$4,800.$

Required:

Prepare the company$$s budgeted balance sheet.

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