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a photocopying center located on Unversity Avenue, has compled the following data to use In The management of Mecca Copy preparing Its budgeted balance sheet

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a photocopying center located on Unversity Avenue, has compled the following data to use In The management of Mecca Copy preparing Its budgeted balance sheet for next year Ending Balances Cash Accounts receivable Supplies inventory Equipnent Accunulated depreciation Accounts payable Common stock Retained earnings s 9,7e0 $ 3,806e s 42,00 s 17,ee0 $ 3,400 The beginning balance of retained earnings was $33.000, net income is budgeted to be $16,900, 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.) Mecca Copy Budgeted Balance Sheet Assets Current assets: Total current assets Plant and equipment: Plant and equipment, net Total assets Liabilities and Stookholders' Equity Current liabilities Stockholders' equity Total stockholders' equity Total liabilites and stockholders' equity

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