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 BalancesCash?Accounts receivable$ $9,600$Supplies inventory$ $3,600$Equipment$ $41,500$Accumulated depreciation$ $16,800$Accounts payable$ $3,300$Common stock$ $5,000$Retained earnings? The beginning balance of retained earnings was $$32,000,$ net income is budgeted to be $$15,700,$ and dividends are budgeted to be $$5,800.$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:

The beginning balance of retained earnings was $$32,000,$ net income is budgeted to be $$15,700,$ and dividends are budgeted to be

$$5,800.$

Required:

Prepare the company's budgeted balance sheet. $($Amounts to be deducted should be indicated by a minus sign.$)$