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

Cash Balances

Accounts receivable $$9,000$

Supplies inventory $$2,400$

Equipment $$38,500$

Accumulated depreciation $$15,600$

Accounts payable $$2,700$

Common stock $$5,000$

Retained earnings $?$ $$5,400.$

Required:

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

$\backslash$table$[[$Mecca Copy,$],[$Budgeted Balance Sheet,$],[$Assets$,],[$Current assets,$],[,]]$