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	$ 10,100
Supplies inventory	$ 4,600
Equipment	$ 44,000
Accumulated depreciation	$ 17,800
Accounts payable	$ 3,800
Common stock	$ 5,000
Retained earnings	?

The beginning balance of retained earnings was $37,000, net income is budgeted to be $21,700, and dividends are budgeted to be $4,300.

Required:

Prepare the companys budgeted balance sheet.