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	$	8,900
Supplies inventory	$	5,500
Equipment	$	38,000
Accumulated depreciation	$	15,400
Accounts payable	$	2,600
Common stock	$	5,000
Retained earnings		?

The beginning balance of retained earnings was $25,000, net income is budgeted to be $21,100, and dividends are budgeted to be $3,500.

Required:

Prepare the companys budgeted balance sheet.