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$9,300Supplies inventory$3,000Equipment$40,000Accumulated depreciation$16,200Accounts payable$3,000Common stock$5,000Retained earnings?

The beginning balance of retained earnings was $29,000, net income is budgeted to be $19,000, and dividends are budgeted to be $5,600.

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