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	$ 9,800
Supplies inventory	$ 4,000
Equipment	$ 42,500
Accumulated depreciation	$ 17,200
Accounts payable	$ 3,500
Common stock	$ 5,000
Retained earnings	?

The beginning balance of retained earnings was $34,000, net income is budgeted to be $18,100, and dividends are budgeted to be $4,100.

Required:

Prepare the companys budgeted balance sheet. (Amounts to be deducted should be indicated by a minus sign.)

Assets \begin{tabular}{|l|l|l|} \hline Current assets: & Assets \\ \hline Total current assets & & \\ \hline Plant and equipment: \\ \hline Total liabilities and stockholders' equity & \\ \hline Plant and equipment, net & \\ \hline Total assets \\ \hline Current liabilities & \\ \hline Stockholders' equity: & \\ \hline \end{tabular}