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The management of Mecca Copy, a pholocopying center located on University Avenue, has complied the following data to use in preparing its budgeted balance sheet

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The management of Mecca Copy, a pholocopying center located on University Avenue, has complied the following data to use in preparing its budgeted balance sheet for next year The beginning batance of retained earnings was $26,000, net income is budgeted to be $15,400, and dividends are budgeted to be $5.400 Required: Prepare the compary's budgeted balance sheet (Amounts to be dedueted should be indlicated by a minus sign)

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