8 00 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: 12.5 points Cash Accounts receivable eBook Supplies inventory Equipment Accounts payable Ending Balances ? $ 9,500 $ 3,400 $ 41,000 Accumulated depreciation $ 16,600 Common stock Retained earnings $ 3,200 $ 5,000 Hint Print References 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. Required: Prepare the company's budgeted balance sheet. (Amounts to be deducted should be indicated by a minus sign.) Mecca Copy Budgeted Balance Sheet Assets Current assets: Cash Accounts receivable 9,500 Supplies Inventory 3,400 Total current assets Plant and equipment Equipment Accumulated depreciation 16,600 Plant and equipment, not Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Stockholders' equity: Common stock Retained eamings Total stockholders' equity Total liabilities and stockholders' equity $ 12,900 16,600 $ 29,500 S 3,200 5,000 5,000 $ 8,200