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arah, the sole shareholder of Madmartigan Food Truck, runs a food truck in the suburb of a large city. Her balance sheet as at July 31, 2020 is as follows:

Madmartigan Food Truck Balance Sheet As at July 31, 2020
Assets
Cash	$4,300
Inventory	$2,100
Equipment	$9,400
Accumulated Depreciation	$-2,800
Total Assets	$13,000
Liabilities
Accounts Payable	$2,400
Loan Payable	$6,500
Total Liabilities	$8,900
Shareholder's Equity	$4,100
Total Liabilities & Shareholder's Equity	$13,000

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

• Total revenues of $27,000 and total expenses of $12,930
• Inventory is expected to increase by $700
• By the end of July, 2021, Madmartigan Food Truck will owe its suppliers $3,800
• No principal payments will be made on the loan payable during 2021
• Purchase of new equipment for $1,600. The entire purchase will be financed through a loan payable
• Expect to have a cash balance of $20,000 at the end of fiscal 2021
• Depreciate assets by $930 during 2021

Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values. Prepare Madmartigan Food Truck's budgeted balance sheet as at July 31, 2021.

Madmartigan Food Truck Budgeted Balance Sheet As at July 31, 2021
Assets
Cash	$Answer
Inventory	$Answer
Equipment	$Answer
Accumulated Depreciation	$Answer
Total Assets	$Answer
Liabilities
Accounts Payable	$Answer
Loan Payable	$Answer
Total Liabilities	$Answer
Shareholder's Equity	$Answer
Total Liabilities & Shareholder's Equity	$Answer

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