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	$	9,500
Supplies inventory	$	3,400
Equipment	$	41,000
Accumulated depreciation	$	16,600
Accounts payable	$	3,200
Common stock	$	5,000
Retained earnings		?

The beginning balance of retained earnings was $31,000, net income is budgeted to be $21,400, and dividends are budgeted to be $3,900.

Current assets: Cash Accounts receivable Inventory Equipment Total current assets Plant and equipment: Plant and equipment, net Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Stockholders' equity: Common stock Retained earnings Total stockholders' equity