The management of Mecca Copy, a photocopying center located on University Avenue, has compiled the following data to use in preparing its budgeted balance sheet for next year:

Ending Balances Cash ?

Accounts receivable $ 10,100

Supplies inventory $ 4,600

Equipment $ 44,000

Accumulated depreciation $ 17,800

Accounts payable $ 3,800

Common stock $ 5,000

Retained earnings ?

The beginning balance of retained earnings was $37,000, net income is budgeted to be $21,700, and dividends are budgeted to be $4,300. Required: Prepare the companys budgeted balance sheet. (Amounts to be deducted should be indicated by a minus sign.)