Mecco Copy, o photocopying center locoted on University Avenue, provided the following dato to prepare o budgeted balance sheet for next yeor:

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

Required:

Prepore the compony"s budgeted bolonce sheet

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