9 Ending Balances Cash ? Accounts receivable $ 8, 100 5 Supplies inventory $ 3,200 points Equipment $ 34,000 Accumulated depreciation $ 16,000 Accounts payable $ 1, 800 Common stock $ 5,000 Retained earnings Book The beginning balance of retained earnings was $28,000, net income is budgeted to be $11,500, and dividends are budgeted to be $4,800 Hint Required: Prepare the company's budgeted balance sheet. (Amounts to be deducted should be indicated by a minus sign.) References Mecca Copy Budgeted Balance Sheet Assets Current assets: Total current assets Plant and equipment: Plant and equipment, net Total assets Liabilities and Stockholders' Equity Current liabilities: Stockholders' equity: Total stockholders' equity Total liabilities and stockholders' equity