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 $$29,000,$ budgeted net income is $$19,000,$ and budgeted dividends

are $$5,600.$

Required:

Prepare the company's budgeted balance sheet.

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