Norah, the sole stockholder of Barnie Inc., runs a home-cleaning service in the suburb of a large city. Her balance sheet as at August 31, 2019 is as follows:

Barnie Inc. Balance Sheet As at August 31, 2019
Assets
Cash	$5,200
Accounts Receivable	$18,600
Equipment	$8,400
Accumulated Depreciation	$-2,600
Total Assets	$29,600
Liabilities
Accounts Payable	$4,400
Notes Payable	$11,800
Total Liabilities	$16,200
Stockholder's Equity	$13,400
Total Liabilities & Stockholder's Equity	$29,600

In the upcoming year, Norah expects the following events to occur:

• Total revenues of $26,000 and total expenses of $12,990
• 100% of accounts receivable from the prior year will be collected in the following year
• Credit sales will represent 55% of revenues for the year
• 100% of accounts payable owing from 2019 will be paid off in 2020
• By the end of August, 2020, Barnie will owe its suppliers $3,300
• No principal payments will be made on the bank loan during 2019
• Purchase of new equipment for $2,800. The entire purchase will be financed through a bank loan
• Expect to have a cash balance of $22,300 at the end of fiscal 2020
• Depreciate assets by $890 during 2020

Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values. Prepare Barnie Inc.'s budgeted balance sheet as at August 31, 2020.

Barnie Inc. Budgeted Balance Sheet As at August 31, 2020
Assets
Cash	$Answer
Accounts Receivable	$Answer
Equipment	$Answer
Accumulated Depreciation	$Answer
Total Assets	$Answer
Liabilities
Accounts Payable	$Answer
Notes Payable	$Answer
Total Liabilities	$Answer
Stockholder's Equity	$Answer
Total Liabilities & Stockholder's Equity	$Answer