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8 The management of Mecca Copy, a photocopying center located on University Avenue, has compled the following data to use in preparing its budgeted balance

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8 The management of Mecca Copy, a photocopying center located on University Avenue, has compled the following data to use in preparing its budgeted balance sheet for next year: Inding Talance 0/2,5 points awarded Canh Accounts receivable Hupplier inventory Tent Neemulated depreciation A payable Como Stock Retained in $ 9,700 $5,000 42,000 $ 17,000 $3,400 05.000 Scored Print The beginning balance of retained earnings was $33,000, net income is budgeted to be $15,900 and dividends are budgeted to be $3,500. Required: Prepare the company's budgeted balance sheet Amounts to be deducted should be indicated by a minus sign) 8 Mocca Copy Budgated Balance Sheet Assets Current assets: 0/2.5 points awarded * Scored eBook Total current assets Plant and equipment: Print * References 0 0 Plant and equipment, nel Total assets Liabilities and Stockholders' Equity Current liabilities: X x Stockholders' equity: % Total stockholders' equity 0 Total liabilities and stockholders $ 0 equity *Red text indicates no response was expected cell or a formal-based calculation is incorrect points deducted MC Grow Prey 8 of 8 Next

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