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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

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 $ 9,900
Supplies inventory $ 4,200
Equipment $ 43,000
Accumulated depreciation $ 17,400
Accounts payable $ 3,600
Common stock $ 5,000
Retained earnings ?
The beginning balance of retained earnings was $35,000, net income is budgeted to be $19,300, and dividends are budgeted to be $6,000.
Required:
Prepare the companys budgeted balance sheet. (Amounts to be deducted should be indicated by a minus sign.)

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