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	$ 8,400
Supplies inventory	$ 4,500
Equipment	$ 35,500
Accumulated depreciation	$ 14,400
Accounts payable	$ 2,100
Common stock	$ 5,000
Retained earnings	?

The beginning balance of retained earnings was $31,000, net income is budgeted to be $15,100, and dividends are budgeted to be $5,000.

Required:

Prepare the companys budgeted balance sheet. (Amounts to be deducted should be indicated by a minus sign.)

\begin{tabular}{|l|l|l|} \hline \multicolumn{2}{c|}{ Mecca Copy } & \\ \hline \multicolumn{1}{|c|}{ Assets } & & \\ \hline Current assets: & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Total current assets & & \\ \hline Plant and equipment: & & \\ \hline \end{tabular}